How to Start a Simple Monthly Budget (Beginner Guide)

 A monthly budget helps you control your money instead of letting your money control you. Here’s the simplest budgeting method for beginners:

1. Calculate your monthly income

Include salary, side income, and any extra payments.

2. List your fixed expenses

Rent, car payment, insurance, utilities.

3. List your variable expenses

Food, gas, entertainment, shopping.

4. Use the 50/30/20 rule

50% needs

30% wants

20% savings or debt payment

5. Track your spending weekly

Use a notebook or any budgeting app.

6. Adjust and improve

If you overspend in one category, reduce another.

Conclusion:

A budget gives you control, clarity, and peace of mind.