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New Year New Budget!

How Can You Set Up Your Budget For the New Year?

It’s always important to know where you stand financially at any given time. It can be very hard
to do if you don’t have a budget in place though. Here are some simple tips to create and
maintain a budget throughout the year.

1. Create a spreadsheet and use two columns, one for income and one for expenses. List all of
your income and all your expenses. Of course, you don’t want to see your expenses exceeding
your income.

2. Set a budget for every different expense that is not fixed. Either weekly or monthly go through your spending to keep within the budget you have set. Budgeting should include saving money as well.

Getting started is always the hardest part but if you follow these steps, you will have a year
of great financial well-being.

Finally, there are many budgeting apps on both Apple and Android platforms that can help both with setting out a budget and keeping track of it in real time.

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