Budgeting 101: How To Budget--with Julie Hollinshead

Budgeting often gets a bad rap. Some people see it as restrictive, with rigid rules that mean you must deny yourself the little pleasures in life. Others see it as a hassle, requiring complicated setup and constant tracking. But a good budgeting system shouldn’t be either.

At its heart, budgeting is a way for you to be intentional about your money. It helps you understand your financial circumstances, behaviors and goals, and outlines a plan for achieving those goals. A budget can be as structured or as flexible as you want. The key is to find a budgeting system that works for you. Set realistic goals, prioritize spending guidelines that fit your lifestyle and stick with it.

Don’t know where to start? We’ll break down everything you need to know about budgeting and how to create one from start to finish.

[Read the full article from Market Watch]

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