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Is there a good way to make a budget?
assistant
Yes, there are several ways to create and maintain a budget. One of the most popular methods is called the envelope budgeting system. This involves setting up an envelope for each category in your budget (such as housing, transportation, food, entertainment) that you can only spend money from. When you receive income, you have to decide how much to allocate towards each category before spending it. Another popular method is called cash-flow budgeting which involves tracking all of your income and expenses over a period of time and allocating money accordingly.