The 3 step budget: A simple budgeting process

A Gallup poll found only “32 percent of Americans prepare a monthly budget.” This means many people live each month without a spending plan or a guide for their money. And without a budget, you can find yourself living a more stressful financial life.

We continue to hear from experts share importance of budgeting. But how can you actually start a budget that’s simple and easy?

The 3 step budget is a simple and easy way to budgeting your money to achieve your goals.

A budget is a plan that helps you keep track of how much you earn (your income) and how much you spend (your expenses). It’s a very important tool for understanding how to manage your money because it clarifies exactly where your money is going.

 

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