![]() ![]() Make sure to have a realistic budget goal: Let’s say that you have a school budget that requires you to have a certain amount in order for certain projects to take place.Always keep documents of your expenses: It’s important that you keep things like receipts or payment slips so that you can better keep track of the number of expenses that you incur within a daily, weekly, or even monthly basis.Once you’ve figured out the potential income and expenses that you could incur, come up with budgeting decisions around them. Get the total estimates of both income and expenses: Since there are still factors that could potentially change the amount of both income and expense, it’s best to get an estimate of both.Try to come up with a rough estimate of all the essential expenses first so that you can prepare on what you need to spend on. ![]() Be sure to take note of all your expenses to see just how much should be deducted from your net income. ![]()
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