Frequently Asked Questions - How do I set a budget?
Developing a budget and sticking to it will allow
you to live within your means and avoid financial crisis. A budget will
help you develop a realistic understanding of all your financial obligations and
how they relate to your income. In formulating a budget, you should
consider the choices you've made regarding rent or mortgage payments, car
payments, living expenses, and your student loan debt.
The following budget worksheet is provided to
help you make a plan for managing your money.
Net Income (A)
minus B = the amount remaining for other expenses.
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