Do you track your spending? Do you spend more than you make? Do you use savings or credit cards to make up the difference?
Budgeting is a crucial part of your financial health. When you spend money thoughtfully, you increase your chances of putting money into savings, understanding the size payment you can afford if you need a home or auto loan, and to establish realistic short and long-term financial plans.
Creating a budget isn’t difficult. Bills.com created a budget guide that helps you categorize, monitor, and track your spending and income, and explains the process of creating and maintaining a budget.