Factors of a Budget: Looking at Your Spending Habits
When you get to this step, you are well on your way to setting up a budget and reaching all of your financial goals. You have taken some time to look at your income to see how much you make. You have figured out what your spending is right now and made some achievable goals for how to make it better in the future. But you can’t set up a budget and then never look at it again. You need to pay attention to your spending habits and see if there are some places where you can cut back.