How to Create a Budget: 4 Money Saving Tips

When it comes to your finances, do you use a budget? If not, it’s high time to put on your big girl pants and start one. Budgeting will save you (and your family) plenty of headaches, save more money, and plan for your future.

Here are 4 money saving tips – and how to create a budget.

1. Calculate income after taxes

If you take home a regular check, it’s time to stop calculating your budget based on your gross salary (the amount you get paid before taxes, benefits, and retirement). Make sure that you are using the net amount that you are actually taking home.

Furthermore, if you end up owing taxes at the end of the year, consider amending your W-4 with your employer to ensure enough taxes are taken out throughout the year.

2. It’s all about the spreadsheet

If you don’t use a spreadsheet to track your finances, this is the time. Start now! Personally, I like using Google Docs, so I can access my budget any time, any where.

Include all income and expenses in your spreadsheet for each month. Then, double check that all incoming and outgoing money is being tracked exactly within your budget.

3. Track all expenses

Incorporate all recurring monthly and annual expenses into your budget. This should include things like mortgage or rent, phone/internet bills, utility bills, any debt bills, and additional amounts set aside for monthly spending (gas, groceries, and fun) and savings.

If you’re a Dave Ramsey follower, you know it’s important to have a “zero-balance” budget. That means that after all income and expenses, your budget for the month should equal zero. If you have extra income or extra funds after expenses, that money goes toward debt and savings.

4. Adjust as needed

Money is a fluid substance and is meant to come and go. Use your budget to track everything closely, but be open and willing to change based on needs.

If you have a new expense or have to pull out a lot of money from savings for an emergency, fall back to your budget to feel good in knowing that you know exactly how much you have – and how much you can save going forward.


Do you already have a budget? Where do you see success and where do you struggle with it?

Born/bred in MD. Raised in ME. Transplant to FL. Entrepreneur, wife, mama, writer, puppy momma, Scorpio, fitness/nutrition enthusiast, eternal optimist.
I’m a strong, passionate, intense woman who has a thirst for life, knowledge, love, and the never-ending question of the meaning of life. I figure I’m bound to find it sooner or later.

80 responses to “How to Create a Budget: 4 Money Saving Tips

  1. Greetings from Florida! I’m bored to death at work so I decided to check out your site on my iphone during lunch break.
    I love the information you present here and can’t wait to
    take a look when I get home. I’m surprised at how fast your
    blog loaded on my cell phone .. I’m not even using
    WIFI, just 3G .. Anyhow, awesome site!

  2. I just want to tell you that I’m beginner to blogging and seriously liked you’re web site. More than likely I’m going to bookmark your website . You amazingly come with terrific article content. With thanks for revealing your blog.

  3. Just wish to say your article is as astounding.
    The clearness to your put up is simply spectacular and i can suppose you are knowledgeable
    in this subject. Well with your permission allow me to clutch your feed to keep updated with forthcoming post.
    Thank you 1,000,000 and please carry on the rewarding work.

  4. I do believe all of the ideas you have introduced on your post. They’re really convincing and will definitely work. Nonetheless, the posts are very quick for beginners. Could you please lengthen them a bit from next time? Thank you for the post.

  5. Having read this I believed it was really enlightening.
    I appreciate you finding the time and effort to put this
    information together. I once again find myself personally
    spending way too much time both reading and posting comments.
    But so what, it was still worth it!

  6. When I originally commented I clicked the -Notify me when new comments are added- checkbox and from now on each time a comment is added I buy four emails with similar comment. Can there be any way it is possible to get rid of me from that service? Thanks!

  7. An impressive share, I just now given this onto a colleague who was doing a little analysis on this. And hubby actually bought me breakfast since I ran across it for him.. smile. So let me reword that: Thnx to the treat! But yeah Thnkx for spending enough time go over this, Personally i think strongly regarding this and love reading more on this topic. When possible, as you grow expertise, does one mind updating your site with an increase of details? It is extremely useful for me. Big thumb up with this short article!

  8. I am curious to find out what blog platform you have been utilizing? I’m experiencing some small security problems with my latest blog and I would like to find something more secure. Do you have any suggestions?

  9. Aw, this was an exceptionally good post. In thought I would like to put in writing like that additionally – taking time and actual effort to produce a very good article… but exactly what do I say… I procrastinate alot and also no indicates find a way to go done.

  10. It’s in reality a great and useful piece of information. I’m glad that you shared this useful information with us. Please keep us up to date like this. Thank you for sharing.

  11. Hmm it looks like your blog ate my first comment (it was super long) so I guess I’ll just sum it up what I had written and say, I’m thoroughly enjoying your blog. I as well am an aspiring blog writer but I’m still new to the whole thing. Do you have any tips for novice blog writers? I’d genuinely appreciate it.

  12. That is the best blog for anyone who desires to search out out about this topic. You understand so much its nearly exhausting to argue with you (not that I truly would need aHa). You positively put a brand new spin on a subject thats been written about for years. Great stuff, simply great!

  13. What’s Happening i’m new to this, I stumbled upon this I’ve found It absolutely useful and it has aided me out loads. I hope to contribute & aid other users like its helped me. Great job.

  14. This is really exciting, You’re an especially seasoned writer. I’ve joined with your feed and also anticipate witnessing your personal really great write-ups. At the same time, We have shared your internet site within our social networking sites.

  15. I have to say this post was certainly informationrmative and contains useful content for enthusiastic visitors. I will definitely bookmark this website for future reference and further viewing. thank a bunch for sharing this with us!

  16. Hello there, I discovered your blog by way of Google at the same time as looking for a comparable topic, your site got here up, it seems to be great. I’ve bookmarked it in my google bookmarks.

  17. This is really interesting, You are an excessively skilled blogger.

    I have joined your feed and sit up for in quest of
    extra of your fantastic post. Additionally, I have
    shared your web site in my social networks

  18. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214

  19. Emery EPS is a Search Engine Optimization company that provides SEO Services. Their proprietary SEO strategies help struggling websites and aspiring business owners to rank their websites higher in multiple search engines like Google , Yahoo and Bing. They provide local and gmb map ranking for businesses in Coasta Rica, New York, Los Angeles, Portland, Sacramento, Phoenix, Las Vegas, Denver, Houston, California and many other local areas. Find more at https://www.emeryeps.com.

  20. It really is suitable day to put together some intentions for the possible future. I have looked over this blog and if I have the ability to, I desire to suggest you few fascinating proposal.

  21. Emery EPS is a Search Engine Optimization company that provides SEO Services. Their proprietary SEO strategies help struggling websites and aspiring business owners to rank their websites higher in multiple search engines like Google , Yahoo and Bing. They provide local and gmb map ranking for businesses in Coasta Rica, New York, Los Angeles, Portland, Sacramento, Phoenix, Las Vegas, Denver, Houston, California and many other local areas. Find more at https://www.emeryeps.com.

  22. I simply have to tell you that I am new to putting up a blog and undeniably enjoyed your website. Most likely I am inclined to save your blog post . You certainly have great article content. Be Grateful For it for swapping with us your current website webpage

  23. I must thank you for the efforts you have put in penning this site.
    I really hope to view the same high-grade blog posts from you later on as well.
    In truth, your creative writing abilities has encouraged me to
    get my own, personal blog now 😉 plenty of fish natalielise

  24. Hi this is kind of of off topic but I was wondering if blogs
    use WYSIWYG editors or if you have to manually code
    with HTML. I’m starting a blog soon but have no coding expertise so I wanted to get guidance from
    someone with experience. Any help would be greatly appreciated!

  25. I merely hope to inform you you that I am new to posting and clearly valued your page. Very likely I am going to bookmark your blog post . You undoubtedly have fantastic article information. Get Pleasure From it for sharing with us your domain information

  26. Good morning here, just became aware about your wordpress bog through The Big G, and realized that it is quite informative. I will be grateful if you carry on this post.

  27. I simply want to inform you that I am new to writing and clearly enjoyed your work. Very likely I am most likely to remember your blog post . You indeed have outstanding article material. Delight In it for swapping with us your main internet site page

  28. It certainly is mostly close to impossible to encounter well-updated individual on this area, however you look like you comprehend the things that you’re preaching about! Thanks

  29. I merely want to show you that I am new to wordpress blogging and genuinely enjoyed your webpage. More than likely I am prone to store your blog post . You simply have impressive article blog posts. Value it for swapping with us your blog post

  30. Might be near close to impossible to encounter well-aware women and men on this subject, however, you come across as like you realize whatever you’re revealing! With Thanks

  31. Good morning here, just became familiar with your blog site through Yahoo and bing, and found that it’s truly entertaining. I will take pleasure in if you continue this approach.

  32. Please let me know if you’re looking for a article author for your blog.

    You have some really good articles and I feel I would be a good asset.
    If you ever want to take some of the load off, I’d love
    to write some articles for your blog in exchange for a
    link back to mine. Please send me an e-mail if interested.
    Regards!

  33. Greate pieces. Keep writing such kind of info on your blog.
    Im really impressed by your site.
    Hello there, You have done a great job. I’ll certainly digg it and in my opinion recommend to my friends.
    I am confident they’ll be benefited from this website.

  34. I really wish to tell you that I am new to wordpress blogging and completely admired your information. Likely I am inclined to save your blog post . You literally have fabulous article materials. Acknowledge it for expressing with us your site webpage

  35. Many thanks for creating the effort to discuss this, I feel strongly about this and love learning a great deal more on this subject. If possible, as you gain expertise, would you mind updating your website with a great deal more info? It’s really useful for me.

  36. I just want to tell you that I am newbie to blogging and site-building and truly enjoyed you’re web page. Probably I’m likely to bookmark your site . You really come with impressive articles and reviews. Thanks a bunch for sharing with us your web site.

  37. It’s a shame you don’t have a donate button! I’d definitely
    donate to this brilliant blog! I guess for now i’ll settle for book-marking and
    adding your RSS feed to my Google account. I look forward to brand new updates and will talk about this website with my
    Facebook group. Talk soon!

  38. I’ll right away take hold of your rss as I can’t find your e-mail subscription link or newsletter service.
    Do you have any? Please permit me understand in order
    that I may just subscribe. Thanks.

  39. I was wondering if you ever thought of changing the page layout of your blog?
    Its very well written; I love what youve got to say.

    But maybe you could a little more in the way of content so people could connect with
    it better. Youve got an awful lot of text for only having 1 or two images.
    Maybe you could space it out better?

  40. Hey There. I discovered your weblog the usage of msn. That is an extremely neatly written article.
    I’ll be sure to bookmark it and return to learn extra of your useful info.
    Thank you for the post. I’ll certainly return.

  41. Hello! Do you know if they make any plugins to help
    with Search Engine Optimization? I’m trying to get my blog to rank for some targeted
    keywords but I’m not seeing very good gains. If you know of any
    please share. Cheers!

Leave a Reply

Your email address will not be published. Required fields are marked *