10 Days of Financial Wisdom Continues

Day 2. Create a Budget- Once you know where your money is going, create a budget that aligns with your financial goals. Always allocate funds for essentials, savings and discretionary spending (money that is available to spend on things that are not necessary but that may be useful)

More insight on creating a budget

Creating a budget is an essential skill for managing your finances effectively. Before you start your budget, define your financial goals. Whether it’s saving for a vacation, paying off debt, or building a surplus fund, having clear objectives will give your budget a clear direction

 

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