Finance

How to Create a Monthly Budget That Works

In today's fast-paced financial world, keeping track of your investments is crucial. Whether you're monitoring the Bajaj Housing Finance share price or seeking guidance from a stock market advisory, having a well-structured budget is essential for financial stability. Here’s a step-by-step guide to creating a monthly budget that works for you. Step 1: Determine Your Income List all sources of income, including salary, side hustles, and investments. Calculate your total monthly income after taxes. Step 2: Track Your Expenses Categorize your spending into essentials (rent, utilities, groceries) and non-essentials (entertainment, dining out). Use budgeting apps or spreadsheets to monitor where your money goes. Step 3: Set Spending Limits Allocate a fixed percenta

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