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How do I set up a budget for myself?
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To set up a budget for yourself, begin by taking stock of your income and expenses. Write down all of your income sources, such as wages, investments, and other income, and list all your expenses, such as rent, bills, food, and entertainment. Once you have a record of what you make and what you spend, you can use this information to create a budget plan. Estimate how much you can reasonably spend in each category on a monthly basis, then set aside money for savings. Finally, track your spending and make adjustments if necessary.