How to Make a Budget - 5 Steps to Success

Budgeting money is considered a financially responsible move for married couples who want to not only save money, but have some left over to spend. Unfortunately many people tend to live paycheck-to-paycheck and have little or nothing left over at the end of the month after expenses. These people are often left wondering where all the money has gone. Making a budget not only allows you to see where the money is going, but what is really left over. A budget will also serve as a guideline for prioritizing expenditures. It is a good idea for married couples to make a budget together and continually have open communication about finances and how the budget is working. Here are 5 steps to making a budget that you can go through together.

When creating a budget, it's a good idea to start by writing down your overall target goal for creating a budget. What is the purpose? Certainly you want to live within your means and avoid ...