Starting a budget for beginners is easy with these simple steps:
Determine your net income (income after taxes).
List your monthly expenses (be sure to include everything).
Categorize your expenses (e.g. housing, food, transportation).
Calculate how much you spend in each category.
Compare your expenses to your income to see where you can make cuts.
Create a budget plan and track your progress.
By creating a budget plan, you can better understand your spending habits and identify areas where you can save money. This is a great way to start building a strong financial foundation for the future.