Say the word 'budget', and people tend to get a little unnerved. Budgeting brings up images of having no cash in your pocket - not being able to do anything fun - and living a life of TV and Ramen noodles. Done properly - nothing could be further from the truth.
Setting yourself up on a budget is nothing more than telling your money where it is going. Want money in your pocket - put it in the budget. Want one night out a week - plan for it in your budget. It's just a matter of planning out exactly where you're gong to spend your dough - and balancing the income with the out-go. There are a number of different ways to do your budgeting and there are lots of resources online to help you put your budget on paper. We'll cover a couple in a future post.
The main thing is you have to know where your money is going before you can figure out if you're going to have enough money at the end of the month..instead of too much month at the end of the money.
Make a budget - and stay Ready for the Real World!