Managing your money can feel like a big task But what if you could make it simple Imagine having control over your finances not the other way around This guide offers easy steps to make budgeting easier and bring you peace of mind these Easy Steps To Simplify Your Personal Budgeting Key Takeaways Allocate of your income to essential monthly expenses like housing food and transportation Dedicate each to retirement savings long-term savings debt reduction short-term savings and fun money Spend just - minutes per week managing your finances and budget Simplify your accounts by sticking to one checking and one or two savings accounts Use cash for everyday purchases to enhance budget tracking and control spending https youtu be h S cEn Hsc feature shared Understand Your Income and Expenses The first step in making a budget is to know your monthly income sources and expenses Financial experts say to look at your salary and find your net income This is what you take home after taxes and interest Make a List of Your Income Sources Your income sources aren't just your regular paycheck Think about side hustles freelance work or other projects too Knowing all your income sources helps you understand your finances better Track Your Monthly Expenses Tracking your expenses for a month shows your spending habits It helps you make a budget that works Use apps like Mint or YNAB for easy expense tracking They help you sort your expenses and find ways to save Knowing... Login to read full