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  2. To create a personal monthly budget, follow these steps:
    1. Calculate your monthly income.
    2. List all your expenses.
    3. Subtract your expenses from your income.
    4. Design your budget based on the 50/30/20 rule: allocate 50% for needs, 30% for wants, and 20% for savings and debt repayment12345.
    Learn more:

    How to make a monthly budget: 5 steps

    • 1. Calculate your monthly income The first step is to determine how much money you earn each month. This will determine how much you can spend (and save) each month. ...
    • 2. Track your spending for a month or two ...
    www.bankrate.com/banking/how-to-make-a-monthl…
    Calculate your monthly income, pick a budgeting method and monitor your progress. Try the 50/30/20 rule as a simple budgeting framework. Allow up to 50% of your income for needs, including debt minimums. Leave 30% of your income for wants. Commit 20% of your income to savings and debt repayment beyond minimums.
    www.nerdwallet.com/article/finance/how-to-budget
    A good monthly budget should follow the 50/30/20 rule. According to this method, your monthly take-home income is divided into three categories: 50% for needs, 30% for wants and 20% for savings and debt repayment.
    www.nerdwallet.com/article/finance/monthly-budget

    How to Create a Monthly Budget:

    • Step 1. Calculate your income Start with your net monthly income. ...
    • Step 2. List all your expenses Then, list all your monthly expenses. ...
    www.quicken.com/blog/monthly-expenses/
    NerdWallet recommends the 50/30/20 budget, which suggests that 50% of your income goes toward needs, 30% toward wants and 20% toward savings and debt repayment.
    www.nerdwallet.com/article/finance/budget-worksh…
     
  3. Personal budgeting templates | Microsoft Create

    Find free and easy-to-use personal budgeting templates for tracking your income and expenses, saving for a goal, or planning for the future. Customize any template in Microsoft Excel and save or print it out.

    • getfreetemplates.co
      https://getfreetemplates.co › Budget › Templates

      100% Free | Budget Template Free Download

    • Etsy
      https://www.etsy.com

      Home Budget Planner - Personal Budgeting

    • Intuit
      https://quickbooks.intuit.com › QuickBooks › Online

      AI Powered Budgeting | Auto-Track Income and Expenses

    • Quicken
      https://www.quicken.com

      personal budget | A Real Budget for Real Life

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