In todays world, most of America is in debt. If you dont want to be a part of this crowd, its important that you start to save your money as soon as possible to get out of that negative hole. If youre already on a budget plan, thats great. If not, its time that you jot down these helpful tips and start working on them.
Start by writing down everything
The first thing you should do when you start a successful budget is write down every single expense you have to pay each month. This ranges from your home mortgage to your xm radio account. Every single dollar will count toward this. When it comes to entertainment and food, make a good estimate. Most of the times its best to over-estimate, so that when you see how much you spend in a month, youre not surprised.
How much do you make?
Once you write down every single expense you have made, write down how much you bring in each month. If your monthly income is random, make sure you just take a low average. This way you dont over guess it and stay within your budget. Make sure that you also include how much you make on the side as well. If you have a side ebay business for example, include this as well....