Creating a Budget

Budgeting is a fundamental skill in financial literacy. It involves tracking income and expenses to ensure that you live within your means. A well-structured budget helps you prioritize spending and save for future goals.

Steps to Create a Budget

1. Identify your income sources.
2. List your fixed and variable expenses.
3. Set savings goals.
4. Review and adjust your budget regularly.

By following these steps, you can create a budget that works for you and helps you achieve financial success.