Set Clear Financial Goals P Before you start budgeting, it’s important to define what you want to achieve. Your goals might include:

Track Your Income and Expenses To create an accurate budget, start by tracking all sources of income and expenses. This can be done through:

Categorize Your Expenses Break down your expenses into categories to better understand where your money is going:

Income: List all sources of income, including salary, freelance work, and passive income

Implement and Monitor Your Budget Once your budget is set, it’s crucial to implement it and monitor your progress