Create your monthly budget
from The Total Money Makeover: A Proven Plan for Financial Fitness by Dave Ramsey
How to Apply This
-
Calculate the overall amount of your monthly income.
This includes your fixed income, commissions, and bonuses. -
List down all the things included in your budget, including their estimated amounts.
This includes your expenses, bills, savings, loans, and other monthly payments. -
Sum up the overall amount included in your monthly budget.
This will give you an overview of how your money will be spent after receiving your income.
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