A budget is the basis of any financial plan, but if you’ve never made an efficient one before, it’s tough to determine where to start and how to come up with something workable. Slap some arbitrary numbers down on a paper and you’re sure to end in failure. The key is to adapt the budget to your needs and resources.

Speaking Out When Others Won’t provides a how-to guide to help you come up with a blueprint to financial success.

Start by defining your household’s needs, then stack up your debts against your assets to get an idea of how far you have to go to reign your debt in. Next, take a survey of your income and regular expenses. For infrequent expenditures, take the total cost for a year, then divide that number by 12 to get a monthly figure to set aside.

From there, you can draft up a categorized budget and get a read of how much you’ll be able to save or contribute toward paying off debt.

How To Make A Budget & Then Make It Work [Speaking Out When Others Won’t]

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