human
How do you make a budget?
assistant
1. Start by making a list of all your income sources and expenses, including fixed costs such as rent or mortgage payments, utility bills, and car payments.
2. Estimate how much money you will have left over after subtracting the total cost of living from your income.
3. Set up a savings goal that is realistic for you based on your estimated remaining income.
4. Create a budget plan that allocates funds to cover essential needs like food, transportation, and housing, while also setting aside money for discretionary spending.
5. Track your progress against your budget each month.