Budgeting 101: Build a Simple Budget

Budgets aren’t restrictive — they’re empowering. A clear plan for your money gives you confidence and freedom. Here’s how to create one that actually sticks.

Step 1: Know Your Numbers. Gather your income, bills and spending history. Start with a monthly snapshot — how much comes in and where it goes out.

Step 2: Choose a Method. Some people love zero‑based budgeting (YNAB), others prefer the 50/30/20 rule or envelope system. Pick a method that suits your personality and lifestyle.

Step 3: Track & Adjust. Use an app like Monarch Money or Tiller to log transactions automatically. Review your budget weekly and make small tweaks instead of big overhauls.

Step 4: Celebrate Wins! Reward yourself when you hit a savings goal or pay off a debt. Positive reinforcement keeps you motivated.

Want to automate your budget? Download our free template or explore apps in our directory.