Welcome back for Part 2. We have a lot of ground to cover so let’s get right to it!
In Part 1 we talked about setting up your categories and then figuring out your budget amounts. Now we’re going to talk about recording all of your expenses, setting your spending goals and how to make adjustments to your budget when necessary.
Step 3) Recording all of your expenses. This is the relatively easy part. Over the next month you need to make a note of every single expense that you have, especially the cash expenses. The best thing to do is either have an App that can record them for you or go old-school and use a small notebook to jot them down.… Read the rest