Budgeting for Beginners—How to Create a Budget
Just One Dime Just One Dime
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 Published On Sep 2, 2021

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Budgeting for Beginners—How to Create a Budget

Having a budget is the key to getting out of debt, breaking the paycheck-to-paycheck cycle, helping you save, and showing you what you can and can’t afford.

Today, I’m going to show you 12 simple steps to creating a budget.

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00:00 Why is budgeting important?
01:27 How Budgeting Works
01:44 Get your free budget template calculator.
02:48 Calculate your income after taxes.
04:30 How to Calculate Your Budget
07:01 Calculate your housing budget.
09:04 Calculate your food budget.
10:27 Calculate your transportation budget.
11:41 Calculate your insurance budget.
12:41 Calculate your utilities budget.
14:03 Calculate your clothing budget.
15:18 Calculate your recreation budget.
16:27 What is your personal miscellaneous budget?
17:06 How much should you save in the short term?
18:24 How much should you put into long-term savings?
19:00 Where should you place extra money in your budget?
21:00 Secret Step 13
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Hosted by J Bryan Jones
Written by J Bryan Jones
Produced by J Bryan Jones
Filmed by Caleb Allen Stratton
Edited by Andrea Geronimo

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