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What are the steps to create a budget to get a clear picture of the monthly finances?

Managing Budget Budgeting Management
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Question added by Fida Abo Alrob , Sr. Copywriter , Imena Digital
Date Posted: 2014/04/02
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Abdul Samad Nadeem Malik
by Abdul Samad Nadeem Malik , Business Support Officer , Thimar Al Jazirah - 3M ESPE

Follow these steps for setting up a realistic budget that gets you where you want to go

1. Calculate expenses 2. Determine your income 3. Set savings and debt payoff goals 4. Record spending and track progress

5. Be realistic

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