#MINT BUDGET BREAKDOWN HOW TO#
#MINT BUDGET BREAKDOWN SERIES#

There is even an online game! Job SearchĬareer Center for more information, counseling, and resources. Key Takeaways is an online personal finance tool that allows you to track your spending and helps you make a budget.

#MINT BUDGET BREAKDOWN SERIES#

Your Life, Your Money series on PBS.org provides advice for handling your spending by using real life examples aimed at college aged students.

#MINT BUDGET BREAKDOWN HOW TO#

You can find simple, straightforward breakdowns of how to save, spend, and invest. Learn more about finance and managing your money at There is also a series of worksheets that help you develop your personal

Consumer Financial Protection Bureau can help you in many areas of financial planning, including Many of the following links are external links that we are not responsible for.Ĭ has resources relating to budgeting and saving, including this worksheet. There are many resources to help you learn about budgeting and managing your finances. If you have been saving, you'll have something to fall back on. Budgets can be a little flexible now and then.Maybe you spent more on heating this month, or it was someone's birthday, or you really needed some retail therapy. You're going to go over budget in some category at some point. Popular budgeting methods: spreadsheets, websites and applications (Mint, Learnvest, and more), notebook, keeping money in different envelopes for different categories.Keeping track of your expenses is the key to an effective budget! Everyone tracks spending differently, so find a system that's right for you.What categories are important to you and where can you cut back? Then, look at your personal spending (the 30%).How much is rent or insurance? What does that leave for groceries? Make a plan for your monthly spending. Take your essentials (the 50 percent) and break it down.Everyone's situation is different, but these guidelines are good to try and stick to. Twenty percent should go to savings, while 30 percent can go to personal spending, such as dining out, entertainment, and shopping. Ideally, 50 percent of your paycheck goes to essentials, such as rent and groceries.Break down your paycheck with the 50/20/30 rule.Are these things wants or needs? There are some things we need, others we want, and others that we should be saving towards. Start looking at your bank account records and receipts to figure out where you spend your money.Budgeting 101ĭownload the infographic: Budgeting 101

Making a budget and sticking to it is one of the most important and difficult parts of 'adulting.' Use our tips to start tracking your spending and make informed decisions.

Mint budget breakdown