What Is a Budget?

An itemized budget that covers all the basic budget categories, is one of the most important tools you can utilize to take control of your finances. A personal budget is a spending plan. It shows you what you’ll have left after you take your income and subtract all your expenses each month. To create a budget, you need to break down all of your spendings into categories, so you can clearly see your spending habits and where you might be overseeing.

What will you learn in this course?

• What are personal itemized budget categories?
• What kind of budget should I use? shouldn’t I be stuffing cash into envelopes every month (or something to that effect)?
• How do you determine the main itemized budget categories?
• The 8 main itemized budget categories
• Are there other ways to split up the main itemized budget categories?
• Are you ready to get your personal itemized budget wrangled?
• You need to do your personal bookkeeping (Like a business)