Step 1-Your Budget :Income

As we talked about yesterday, we’re going to begin planning your new budget.  There are several different components that will go into this, so we’ll take it a day at a time.  When we’re done, you’ll have a full working budget so you can keep track of everything for the first few months, and plug the gaps in your spending habits. 


Today, we’ll start with the easiest part of your budget-your income.  Everyone likes to think about this part.  Take the day to jot down all areas in which you have income each month.  This could be from your regular job, any side jobs, other sources of income, and as much as I hate to say it, unemployment pay.  For clarification, I don’t disagree with unemployment, I just don’t like the fact that so many people are going thru it right now. 

If you have any questions, please comment and I’ll get back to you as soon as I can.  Have a great day!