How to create a budget and stick to it: a step-by-step plan.

Automate Savings

To ensure you stick to your savings goals, automate transfers to your savings account when your paycheck arrives. This removes the temptation to spend what you should be saving and helps you build a safety net or investment portfolio progressively.

Stay Committed

Staying disciplined can be challenging but is necessary for your budget to work. Remind yourself of your financial goals and the benefits of sticking to the budget. Reward yourself for meeting your budgeting goals to keep motivated.

Creating and sticking to a budget requires effort and diligence, but by following these steps, you can gain control over your finances, reduce stress, and achieve your financial goals.