Budgeting can be done using many tools: paper, printable sheet, spreadsheet, or app.
Log in destheny.ortega15 6 months agoPosted 6 months ago. Direct link to destheny.ortega15's post “Ok so I just got a job. I...” Ok so I just got a job. I’m 16 and I’m taking this course to have more knowledge for the future. Should I start using or practice budget when I get my first paycheck? • (13 votes) David Alexander 6 months agoPosted 6 months ago. Direct link to David Alexander's post “That's up to you for the ...” That's up to you for the first few paychecks. At 16, you are probably not yet paying for your own rent, food, insurance and other typical costs of living. So, if you blow a few weeks on pleasure, it won't make too much of a difference for your life. But DO set a date not too far in the future for when you'll start the 50/30/20 thing advocated in the lessons here, and hold to it, even if you're NOT paying for rent, insurance and your own feeding. Just "pretend" that you're doing that, and use that money to fill up your emergency fund. I wish you every success as you move forward. 16 years old is both a wonderful and difficult time in the lives of many people. (37 votes) QuenshawnAtwell a year agoPosted a year ago. Direct link to QuenshawnAtwell 's post “If you budget properly ca...” If you budget properly can you make more money • (4 votes) Alton a year agoPosted a year ago. Direct link to Alton's post “Not make more money, but ...” Not make more money, but you can save money. If you budget, you'll have more money than if you didn't budget because you saved your money. Steven Rossell a year agoPosted a year ago. Direct link to Steven Rossell's post “make more money” make more money • (6 votes) David Alexander a year agoPosted a year ago. Direct link to David Alexander's post “I differ with that. Maki...” I differ with that. Making a budget requires, first, gathering data. What are your current assets? What is your current income? What are your current liabilities? What are your ongoing expenses? With answers to these four questions, you have data to manipulate, which can form the foundation for a plan. A budget is, at base, a plan. (6 votes) norringirvan 6 months agoPosted 6 months ago. Direct link to norringirvan's post “what job is best for star...” what job is best for starters? • (4 votes) David Alexander 6 months agoPosted 6 months ago. Direct link to David Alexander's post “I think you might find be...” I think you might find better guidance on this matter in the course on careers. I've found a lot of good thought over there. Try it. If you don't like it, you don't have to stay. (9 votes) Abigail Anderegg 6 months agoPosted 6 months ago. Direct link to Abigail Anderegg's post “What is the best way to m...” What is the best way to make a budget when I don't have a set schedule and my paycheck is always changing depending on how many hours that I get each week? I get paid By-weekly. I only have one bill as of right now that I pay for myself because I am only 17. • David Alexander 6 months agoPosted 6 months ago. Direct link to David Alexander's post “1. Don't budget based on ...” 1. Don't budget based on your dollar income, but on percentages. So, no matter how much or how little you take home in a pay period (whether that is a week, every-two-weeks, or a month), you put a certain percentage of it away so that it cannot be frittered away. You pay your single monthly bill and have fun with what is left over after the savings have been put out of your reach. (9 votes) Lyonel Barthelemy a year agoPosted a year ago. Direct link to Lyonel Barthelemy's post “If you budget properly ca...” If you budget properly can you make more money • (3 votes) enchxnte a year agoPosted a year ago. Direct link to enchxnte's post “You can't make money from...” You can't make money from thin air, but you can save more money than you otherwise would have. (9 votes) Tom Ehlers 8 months agoPosted 8 months ago. Direct link to Tom Ehlers's post “how do i budget” how do i budget • (0 votes) David Alexander 8 months agoPosted 8 months ago. Direct link to David Alexander's post “That's what the lesson is...” That's what the lesson is about. Listen to it, and all the other lessons on budgeting. They will help you. (15 votes) Linda Liese 7 months agoPosted 7 months ago. Direct link to Linda Liese's post “This is more of a comment...” This is more of a comment. Although probably not unique, I used to think about budgeting • (7 votes) Healy Alvarez 9 months agoPosted 9 months ago. Direct link to Healy Alvarez's post “How is budgeting going to...” How is budgeting going to help in the future? • (0 votes) David Alexander 9 months agoPosted 9 months ago. Direct link to David Alexander's post “As you move through life ...” As you move through life and grow up, you will find that you need to plan many things. You need to plan how to use your time, how to eat healthfully, how to exercise enough, and how to get to and from places like home, school, church and the shopping center. Consider: If you go out the door on your way to school, but don't plan what route to take, you might end up someplace far away and never make it to school. It's likewise with money. If you spend without a plan, you'll go broke. (14 votes) braydon.hardin 6 months agoPosted 6 months ago. Direct link to braydon.hardin's post “whats the best paying job” whats the best paying job • (0 votes) David Alexander 6 months agoPosted 6 months ago. Direct link to David Alexander's post “Starting to think about a...” Starting to think about a job from the question of what pays best is, perhaps, the wrong place. Start by asking what sort of job suits you best. Get that job. Then manage your life within the parameters of what you earn. (14 votes)Want to join the conversation?
As life goes on, stuff will happen, because stuff does. But if you have a plan for the expected things, you can adapt to the stuff.
as a constraint opposed to a possibly helpful tool. It appears that a budget can be a tool to help you reach your goals as you actively choose where to use your resources.
Budgeting is just one kind of a plan. It is about how you will use your resources.
