Empowering People with Practical Financial Knowledge
28th of September 2020

A budget can help you crush your outstanding debt, sustain a better financial future, and even make you a happier person in the process. And best of all, setting up a budget is really not that hard. See if you can follow these steps: 

  1. Get organised and take your time. It’s a good idea to set aside at least an hour before you begin planning a home budget
  2. Next, you need to add up your total income. This includes part-time, full time and seasonal income.
  3. Work out how much you’re spending, by creating a spending diary. 
  4. Compare what’s coming in and going out
  5. Draw up a budget you can stick to.