How to Create a Budget

The first steps to creating a budget

During this video, I walk you through the 5 stages of developing a budget and becoming organised with your money. I list the stationery and items you will need to become organised, and take you through the prcess of developing a strategy and system for managing your household finances.

Budgeting allows you to take control of your finances, monitor your progress towards your goals and make your money work for you. Useful resources are listed in the video and below. You can train yourself to invest your money and assets, and reduce loss from interest payments, liabilities and bad, debt increasing choices.

I will create a more in depth video covering the processes covered her. Subcribe to learn more.

• http://www.whatsthecost.com - plan out your repayment schedule and debt snowball
• http://www.thesalarycalculator.co.uk - figure out how much you will earn after tax and need to earn to cover our needs and desires.
• http://www.vertex42.com - useful downloadable, free printouts and resources. Charities and organisations helping those in debt
• http://www.stepchange.org
• http://www.citizensadvice.org.uk
• http://www.nationaldebtline.org
• http://www.moneyadviceservice.org.uk Join a local credit union
• http://www.findyourcreditunion.co.uk Improve your money mindset and strategy
• http://www.daveramsey.com
• http://www.harveker.com