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Budgeting for beginners
In this article
- What exactly is a budget?
- Learn the myths and benefits commonly associated with budgeting
- Discover how to monitor expenses and save money effectively
A budget is all about financial forecasting. Planning your spending and expenses will provide structure to help you progress toward your goals. Follow our tips and review our budgeting graphic to get started with your own budget.
Budgeting is one of the best things you can do for your finances, right up there with building an emergency savings and contributing to a retirement fund. However, many people are resistant to starting and following one. They’re already good with money, can’t be bothered or don’t make enough.
The truth is budgeting can help elevate everyone’s financial life — and that’s why you’re here! Learn more about budgeting below and then get started with your own budget.
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