Budgeting 101: Master Your Money in 30 Days

Nov 17, 2024

Introduction

Budgeting is the foundation of financial health. Whether you’re trying to save for a big purchase or just get your spending under control, a budget can transform your money habits. Let’s dive into a 30-day plan to master budgeting.

Tips

Day 1-7: Track Your Expenses

Spend the first week monitoring every dollar you spend. Use apps or a notebook to record your purchases. This will reveal your spending patterns.

Day 8-14: Set Clear Financial Goals

Decide what you’re budgeting for: paying off debt, saving for a trip, or building an emergency fund. Goals make budgeting meaningful.

Day 15-21: Create Your Budget

Allocate your income to essential categories: needs (50%), wants (30%), and savings (20%). Adjust percentages based on your goals.

Day 22-30: Monitor and Adjust

Test your budget for the remaining days and tweak it as needed.


Conclusion

By the end of 30 days, you’ll have a personalised budget that aligns with your financial goals. Stick with it, and you’ll see results.

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+91-836-900-1603

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© 2025 by Dollarbull | All Rights Reserved

CONTACT
support@dollarbull.com
+91-836-900-1603

Location:
Austin, Texas & Mumbai, India
SOCIAL

© 2025 by Dollarbull | All Rights Reserved