Budgeting Basics

What Is Budgeting and Why Does It Matter? 

You need money to buy what you want and need. A budget is a tool that helps you manage that money with less stress and more control. 

Budgeting can look different for everyone, but the main goals are simple: 

• Understand where your money is coming from (income)

• Control where your money is going (expenses)

A good budget helps prevent overspending and makes sure your money goes where you want it to.

How do you make a budget?

Building a budget for the first time can feel overwhelming. But you don’t have to start from scratch. 

To help you create your first budget this website will guide you through understanding your income and introduce several popular budgeting systems. You can use one as-is or take inspiration to build a system that works for you.