Create a Home Budget in 5 minutes each month and avoid over/under spending and over/under saving.
1. Balanced Budget:- Allocate take-home income to spending and savings accounts until a balanced budget is achieved
2. Record against Budget:- As you spend, record spending against a budget spending category and discipline self to adhere to budget
3. Rollover Savings:- Instead of 1 large savings bucket, you can save money in multiple saving buckets each month that rollover for a future purchase
Budget can be copied from month to month, rollover savings can be used to pay for expenses (instead of take-home pay), budget can be printed