About Lesson
- Calculate Your Income:
- Include all sources of income (e.g., salary, side hustle earnings, passive income).
- List Your Expenses:
- Fixed expenses (rent, insurance, loan payments).
- Variable expenses (groceries, transportation, entertainment).
- Irregular expenses (car repairs, gifts).
- Set Priorities:
- Decide how much to allocate to needs, wants, savings, and debt repayment.
- Track Your Spending:
- Use tools like apps, spreadsheets, or a notebook.
- Adjust Your Budget:
- Revisit and refine as needed to align with your goals.
