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The time now is 05/17/08 - 13:10

How do i budget?


RealCool.BIZ Forum Index -> Finance -> Fundraising, Budgeting & Current Accounts

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kasper
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Joined: 17 Dec 2004
Posts: 6



PostPosted: 12/13/07 - 08:05    Post subject: Reply with quote

I have recently started working and I will soon get my first credit card. As I got married several months ago, too, I really need to budget. However, I am really not sure just how to do it, as I have never been in such a position before. If anyone could help me, that would be great. Thanks in advance.
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ellerey
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Joined: 08 Feb 2006
Posts: 6



PostPosted: 01/11/08 - 23:59    Post subject: Reply with quote

In order to budget, to make a good financial plan for the long-term spending, you will need first to know what are your current costs. The first thing you need to do is to see what will be the sources of incomes and expenses. You should carefully compute the difference between the two, determine spending priorities, and use the money you have accordingly. For example, every month leave certain amount of money for paying various bills, no matter how large or small sum of money you have remaining. These are the basic suggestions, and I suggest you go to http://www.thebeehive.org/Templates/Money/
Level3Image.aspx?PageId=1.194.196.197.
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