1. Know When It’s Time to Make Changes. No budget is perfect or meant to last forever. If your income or expenses have changed, that’s a good time to adjust your budgeting categories.

By allocating a certain amount of money to each category of your budget, you can keep track of your finances more easily—and know when you have to say "no." ...

If you've ever tried to get your finances under control, then you've almost certainly tried to make a budget. And while we all know that budgeting is a great way to control your spending, it's ...

Top 12 Budget Categories 1. Housing Expenses. This is a pretty easy category to place in the highest priority as it impacts so many aspects of your life, ...

2. Not tracking your budget. I normally tell people that there are two parts of a successful budget. One is forecasting your spending needs for the month and writing down your spending plan.

Values-based budgeting is an approach that puts your personal values at the center of your financial planning. Instead of starting with traditional budget categories, you begin by identifying what ...

Updated other budget categories as necessary. Added in more “wants” gradually, as my income stabilized. An emergency fund is a great relief when you need it. But you also want that money to last.