{"id":1239,"date":"2023-02-12T22:15:48","date_gmt":"2023-02-12T22:15:48","guid":{"rendered":"http:\/\/asaid.digitalscholar.rochester.edu\/blog\/?page_id=1239"},"modified":"2023-05-02T16:10:36","modified_gmt":"2023-05-02T16:10:36","slug":"budgeting","status":"publish","type":"page","link":"https:\/\/findex.digitalscholar.rochester.edu\/?page_id=1239","title":{"rendered":"Budgeting"},"content":{"rendered":"<style>.wp-block-kadence-column.kb-section-dir-horizontal > .kt-inside-inner-col > .kt-info-box_386add-9e .kt-blocks-info-box-link-wrap{max-width:unset;}.kt-info-box_386add-9e .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);border-top-left-radius:30px;border-top-right-radius:30px;border-bottom-right-radius:30px;border-bottom-left-radius:30px;background:#a7f8a0;padding-top:var(--global-kb-spacing-xs, 1rem);padding-right:var(--global-kb-spacing-xs, 1rem);padding-bottom:var(--global-kb-spacing-xs, 1rem);padding-left:var(--global-kb-spacing-xs, 1rem);margin-bottom:var(--global-kb-spacing-md, 2rem);}.kt-info-box_386add-9e .kadence-info-box-icon-container .kt-info-svg-icon, .kt-info-box_386add-9e .kt-info-svg-icon-flip, .kt-info-box_386add-9e .kt-blocks-info-box-number{font-size:50px;}.kt-info-box_386add-9e .kt-blocks-info-box-media{color:#444444;background:transparent;border-color:#444444;border-radius:200px;overflow:hidden;border-top-width:0px;border-right-width:0px;border-bottom-width:0px;border-left-width:0px;padding-top:20px;padding-right:20px;padding-bottom:20px;padding-left:20px;}.kt-info-box_386add-9e .kt-blocks-info-box-media-container{margin-top:0px;margin-right:15px;margin-bottom:10px;margin-left:15px;}.kt-info-box_386add-9e .kt-blocks-info-box-media .kadence-info-box-image-intrisic img{border-radius:200px;}.kt-info-box_386add-9e .kt-blocks-info-box-link-wrap:hover .kt-blocks-info-box-media{color:#444444;background:transparent;border-color:#444444;}.kt-info-box_386add-9e .kt-infobox-textcontent h2.kt-blocks-info-box-title{padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-top:5px;margin-right:0px;margin-bottom:10px;margin-left:0px;}.kt-info-box_386add-9e .kt-infobox-textcontent .kt-blocks-info-box-text{color:#555555;}.kt-info-box_386add-9e .kt-blocks-info-box-learnmore{background:transparent;border-color:#555555;border-width:0px 0px 0px 0px;padding-top:4px;padding-right:8px;padding-bottom:4px;padding-left:8px;margin-top:10px;margin-right:0px;margin-bottom:10px;margin-left:0px;}.kt-info-box_386add-9e .kt-blocks-info-box-link-wrap:hover .kt-blocks-info-box-learnmore,.kt-info-box_386add-9e .kt-blocks-info-box-link-wrap .kt-blocks-info-box-learnmore:focus{color:#ffffff;background:#444444;border-color:#444444;}@media all and (max-width: 1024px){.kt-info-box_386add-9e .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}@media all and (max-width: 767px){.kt-info-box_386add-9e .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}<\/style>\n<div class=\"wp-block-kadence-infobox kt-info-box_386add-9e\"><span class=\"kt-blocks-info-box-link-wrap info-box-link kt-blocks-info-box-media-align-top kt-info-halign-center\"><div class=\"kt-blocks-info-box-media-container\"><div class=\"kt-blocks-info-box-media kt-info-media-animate-none\"><div class=\"kadence-info-box-icon-container kt-info-icon-animate-none\"><div class=\"kadence-info-box-icon-inner-container\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fe_dollarSign kt-info-svg-icon\"><svg viewBox=\"0 0 24 24\"  fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><line x1=\"12\" y1=\"1\" x2=\"12\" y2=\"23\"\/><path d=\"M17 5H9.5a3.5 3.5 0 0 0 0 7h5a3.5 3.5 0 0 1 0 7H6\"\/><\/svg><\/span><\/div><\/div><\/div><\/div><div class=\"kt-infobox-textcontent\"><h2 class=\"kt-blocks-info-box-title\">What is Budgeting?<\/h2><p class=\"kt-blocks-info-box-text\">Budgeting is when you plan out how much money you&#8217;re going to make and spend in the future. You look at things like how much you&#8217;ll earn, how much you need for your daily expenses, and how much you might need for bigger things like a car or a vacation. It&#8217;s important to think about the future and use what you&#8217;ve learned from the past when making your budget. Then, you show your budget to your parents or whoever is in charge of the money to make sure everyone agrees on how to spend it.<\/p><\/div><\/span><\/div>\n\n\n\n<blockquote class=\"wp-block-quote has-text-align-center is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><em>\u201cI Won\u2019t Buy It Until I Can Buy It Twice.\u201d<\/em><\/p>\n<cite>&#8211; Jay Z<\/cite><\/blockquote>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading\">What to expect?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">From this course, you will learn about the benefits of budgeting. Why having a budget is an essential tool for achieving financial stability and success. Then we will discuss the different budgeting methods because there is a method for everyone. Lastly, we will discuss ways that can make budgeting fun.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Topics<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Why is budgeting important?<\/li>\n\n\n\n<li>Learn how to create a budget.<\/li>\n\n\n\n<li>Different budgeting methods<\/li>\n\n\n\n<li>Ways to make budgeting fun!<\/li>\n\n\n\n<li>Additional budgeting resources<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Continue to start the course.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"http:\/\/asaid.digitalscholar.rochester.edu\/blog\/wp-content\/uploads\/2023\/04\/nbook-1024x1024.png\" alt=\"\" class=\"wp-image-1733\" srcset=\"https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/nbook-1024x1024.png 1024w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/nbook-300x300.png 300w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/nbook-150x150.png 150w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/nbook-768x768.png 768w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/nbook.png 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<!--nextpage-->\n\n\n<style>.wp-block-kadence-column.kb-section-dir-horizontal > .kt-inside-inner-col > .kt-info-box_4c9864-3e .kt-blocks-info-box-link-wrap{max-width:unset;}.kt-info-box_4c9864-3e .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);border-top-left-radius:30px;border-top-right-radius:30px;border-bottom-right-radius:30px;border-bottom-left-radius:30px;background:#a7f8a0;padding-top:var(--global-kb-spacing-xs, 1rem);padding-right:var(--global-kb-spacing-xs, 1rem);padding-bottom:var(--global-kb-spacing-xs, 1rem);padding-left:var(--global-kb-spacing-xs, 1rem);margin-bottom:var(--global-kb-spacing-md, 2rem);}.kt-info-box_4c9864-3e .kadence-info-box-icon-container .kt-info-svg-icon, .kt-info-box_4c9864-3e .kt-info-svg-icon-flip, .kt-info-box_4c9864-3e .kt-blocks-info-box-number{font-size:50px;}.kt-info-box_4c9864-3e .kt-blocks-info-box-media{background:transparent;border-radius:200px;overflow:hidden;border-top-width:0px;border-right-width:0px;border-bottom-width:0px;border-left-width:0px;padding-top:20px;padding-right:20px;padding-bottom:20px;padding-left:20px;}.kt-info-box_4c9864-3e .kt-blocks-info-box-media-container{margin-top:0px;margin-right:15px;margin-bottom:10px;margin-left:15px;}.kt-info-box_4c9864-3e .kt-blocks-info-box-media .kadence-info-box-image-intrisic img{border-radius:200px;}.kt-info-box_4c9864-3e .kt-infobox-textcontent h2.kt-blocks-info-box-title{padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-top:5px;margin-right:0px;margin-bottom:10px;margin-left:0px;}.kt-info-box_4c9864-3e .kt-blocks-info-box-learnmore{background:transparent;border-width:0px 0px 0px 0px;padding-top:4px;padding-right:8px;padding-bottom:4px;padding-left:8px;margin-top:10px;margin-right:0px;margin-bottom:10px;margin-left:0px;}@media all and (max-width: 1024px){.kt-info-box_4c9864-3e .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}@media all and (max-width: 767px){.kt-info-box_4c9864-3e .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}<\/style>\n<div class=\"wp-block-kadence-infobox kt-info-box_4c9864-3e\"><span class=\"kt-blocks-info-box-link-wrap info-box-link kt-blocks-info-box-media-align-top kt-info-halign-center\"><div class=\"kt-blocks-info-box-media-container\"><div class=\"kt-blocks-info-box-media kt-info-media-animate-none\"><div class=\"kadence-info-box-icon-container kt-info-icon-animate-none\"><div class=\"kadence-info-box-icon-inner-container\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fas_question kt-info-svg-icon\"><svg viewBox=\"0 0 384 512\"  fill=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M202.021 0C122.202 0 70.503 32.703 29.914 91.026c-7.363 10.58-5.093 25.086 5.178 32.874l43.138 32.709c10.373 7.865 25.132 6.026 33.253-4.148 25.049-31.381 43.63-49.449 82.757-49.449 30.764 0 68.816 19.799 68.816 49.631 0 22.552-18.617 34.134-48.993 51.164-35.423 19.86-82.299 44.576-82.299 106.405V320c0 13.255 10.745 24 24 24h72.471c13.255 0 24-10.745 24-24v-5.773c0-42.86 125.268-44.645 125.268-160.627C377.504 66.256 286.902 0 202.021 0zM192 373.459c-38.196 0-69.271 31.075-69.271 69.271 0 38.195 31.075 69.27 69.271 69.27s69.271-31.075 69.271-69.271-31.075-69.27-69.271-69.27z\"\/><\/svg><\/span><\/div><\/div><\/div><\/div><div class=\"kt-infobox-textcontent\"><h2 class=\"kt-blocks-info-box-title\">Why is budgeting important?<\/h2><p class=\"kt-blocks-info-box-text\"><\/p><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<h4 class=\"wp-block-heading\"><em>Helps you plan for the future<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Budgeting allows you to plan ahead for expenses such as bills, tuition fees, and other essential costs. By knowing how much money you have coming in and going out, you can make better decisions about allocating your funds.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Keeps you organized<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">A budget can help you keep track of your spending so you don&#8217;t accidentally overspend or forget to pay bills on time. This can help you avoid late fees and other financial penalties.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Helps you save money<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">When you create a budget, you can identify areas where you might be overspending and make adjustments to save money. You can also set savings goals and track your progress over time.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>Reduces stress<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Knowing that you have a plan in place for your finances can help reduce stress and anxiety about money. With a budget, you can feel more confident and in control of your financial situation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Budgeting is essential for anyone looking to manage their money more effectively and achieve their financial goals. By creating a budget and sticking to it, you can enjoy greater financial security and peace of mind.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"http:\/\/asaid.digitalscholar.rochester.edu\/blog\/wp-content\/uploads\/2023\/04\/pie-1024x1024.png\" alt=\"\" class=\"wp-image-1753\" srcset=\"https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/pie-1024x1024.png 1024w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/pie-300x300.png 300w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/pie-150x150.png 150w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/pie-768x768.png 768w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/pie.png 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<!--nextpage-->\n\n\n<style>.wp-block-kadence-column.kb-section-dir-horizontal > .kt-inside-inner-col > .kt-info-box_265046-9d .kt-blocks-info-box-link-wrap{max-width:unset;}.kt-info-box_265046-9d .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);border-top-left-radius:30px;border-top-right-radius:30px;border-bottom-right-radius:30px;border-bottom-left-radius:30px;background:#a7f8a0;padding-top:var(--global-kb-spacing-xs, 1rem);padding-right:var(--global-kb-spacing-xs, 1rem);padding-bottom:var(--global-kb-spacing-xs, 1rem);padding-left:var(--global-kb-spacing-xs, 1rem);margin-bottom:var(--global-kb-spacing-md, 2rem);}.kt-info-box_265046-9d .kadence-info-box-icon-container .kt-info-svg-icon, .kt-info-box_265046-9d .kt-info-svg-icon-flip, .kt-info-box_265046-9d .kt-blocks-info-box-number{font-size:50px;}.kt-info-box_265046-9d .kt-blocks-info-box-media{background:transparent;border-radius:200px;overflow:hidden;border-top-width:0px;border-right-width:0px;border-bottom-width:0px;border-left-width:0px;padding-top:20px;padding-right:20px;padding-bottom:20px;padding-left:20px;}.kt-info-box_265046-9d .kt-blocks-info-box-media-container{margin-top:0px;margin-right:15px;margin-bottom:10px;margin-left:15px;}.kt-info-box_265046-9d .kt-blocks-info-box-media .kadence-info-box-image-intrisic img{border-radius:200px;}.kt-info-box_265046-9d .kt-infobox-textcontent h2.kt-blocks-info-box-title{padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-top:5px;margin-right:0px;margin-bottom:10px;margin-left:0px;}.kt-info-box_265046-9d .kt-blocks-info-box-learnmore{background:transparent;border-width:0px 0px 0px 0px;padding-top:4px;padding-right:8px;padding-bottom:4px;padding-left:8px;margin-top:10px;margin-right:0px;margin-bottom:10px;margin-left:0px;}@media all and (max-width: 1024px){.kt-info-box_265046-9d .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}@media all and (max-width: 767px){.kt-info-box_265046-9d .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}<\/style>\n<div class=\"wp-block-kadence-infobox kt-info-box_265046-9d\"><span class=\"kt-blocks-info-box-link-wrap info-box-link kt-blocks-info-box-media-align-top kt-info-halign-center\"><div class=\"kt-blocks-info-box-media-container\"><div class=\"kt-blocks-info-box-media kt-info-media-animate-none\"><div class=\"kadence-info-box-icon-container kt-info-icon-animate-none\"><div class=\"kadence-info-box-icon-inner-container\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fas_question kt-info-svg-icon\"><svg viewBox=\"0 0 384 512\"  fill=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M202.021 0C122.202 0 70.503 32.703 29.914 91.026c-7.363 10.58-5.093 25.086 5.178 32.874l43.138 32.709c10.373 7.865 25.132 6.026 33.253-4.148 25.049-31.381 43.63-49.449 82.757-49.449 30.764 0 68.816 19.799 68.816 49.631 0 22.552-18.617 34.134-48.993 51.164-35.423 19.86-82.299 44.576-82.299 106.405V320c0 13.255 10.745 24 24 24h72.471c13.255 0 24-10.745 24-24v-5.773c0-42.86 125.268-44.645 125.268-160.627C377.504 66.256 286.902 0 202.021 0zM192 373.459c-38.196 0-69.271 31.075-69.271 69.271 0 38.195 31.075 69.27 69.271 69.27s69.271-31.075 69.271-69.271-31.075-69.27-69.271-69.27z\"\/><\/svg><\/span><\/div><\/div><\/div><\/div><div class=\"kt-infobox-textcontent\"><h2 class=\"kt-blocks-info-box-title\">How to create a budget?<\/h2><p class=\"kt-blocks-info-box-text\">Creating a budget is a great way to learn how to manage their money responsibly. Here are some steps to follow when creating a budget.<\/p><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<h4 class=\"wp-block-heading\"><em>STEP 1: Determine your income<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Figure out how much money you have coming in each month. This could be from a part-time job, allowance, or any other source of income.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>STEP 2: List your expenses<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Make a list of all your expenses, such as your phone bill, transportation costs, entertainment, and any other expenses you might have.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>STEP 3: Categorize your expenses<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Divide your expenses into food, clothing, transportation, and entertainment categories.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>STEP 4: Assign amounts to each category<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Decide how much money you can afford to spend in each category.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>STEP 5: Track your spending<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Keep track of your spending to ensure you stay within your budget. You can use a notebook or an app to track your expenses.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><em>STEP 6: Adjust your budget<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">As you gain experience with budgeting, you may need to adjust your budget to reflect your spending habits better.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Remember, budgeting takes practice, so don&#8217;t get discouraged if it takes a few tries to get it right. With time and effort, you&#8217;ll be able to manage your money like a pro!<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"http:\/\/asaid.digitalscholar.rochester.edu\/blog\/wp-content\/uploads\/2023\/04\/fincalc-1-1024x1024.png\" alt=\"\" class=\"wp-image-1735\" srcset=\"https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/fincalc-1-1024x1024.png 1024w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/fincalc-1-300x300.png 300w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/fincalc-1-150x150.png 150w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/fincalc-1-768x768.png 768w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/fincalc-1.png 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<!--nextpage-->\n\n\n<style>.wp-block-kadence-column.kb-section-dir-horizontal > .kt-inside-inner-col > .kt-info-box_eea8aa-8b .kt-blocks-info-box-link-wrap{max-width:unset;}.kt-info-box_eea8aa-8b .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);border-top-left-radius:30px;border-top-right-radius:30px;border-bottom-right-radius:30px;border-bottom-left-radius:30px;background:#a7f8a0;padding-top:var(--global-kb-spacing-xs, 1rem);padding-right:var(--global-kb-spacing-xs, 1rem);padding-bottom:var(--global-kb-spacing-xs, 1rem);padding-left:var(--global-kb-spacing-xs, 1rem);margin-bottom:var(--global-kb-spacing-md, 2rem);}.kt-info-box_eea8aa-8b .kadence-info-box-icon-container .kt-info-svg-icon, .kt-info-box_eea8aa-8b .kt-info-svg-icon-flip, .kt-info-box_eea8aa-8b .kt-blocks-info-box-number{font-size:50px;}.kt-info-box_eea8aa-8b .kt-blocks-info-box-media{background:transparent;border-radius:200px;overflow:hidden;border-top-width:0px;border-right-width:0px;border-bottom-width:0px;border-left-width:0px;padding-top:20px;padding-right:20px;padding-bottom:20px;padding-left:20px;}.kt-info-box_eea8aa-8b .kt-blocks-info-box-media-container{margin-top:0px;margin-right:15px;margin-bottom:10px;margin-left:15px;}.kt-info-box_eea8aa-8b .kt-blocks-info-box-media .kadence-info-box-image-intrisic img{border-radius:200px;}.kt-info-box_eea8aa-8b .kt-infobox-textcontent h2.kt-blocks-info-box-title{padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-top:5px;margin-right:0px;margin-bottom:10px;margin-left:0px;}.kt-info-box_eea8aa-8b .kt-blocks-info-box-learnmore{background:transparent;border-width:0px 0px 0px 0px;padding-top:4px;padding-right:8px;padding-bottom:4px;padding-left:8px;margin-top:10px;margin-right:0px;margin-bottom:10px;margin-left:0px;}@media all and (max-width: 1024px){.kt-info-box_eea8aa-8b .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}@media all and (max-width: 767px){.kt-info-box_eea8aa-8b .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}<\/style>\n<div class=\"wp-block-kadence-infobox kt-info-box_eea8aa-8b\"><span class=\"kt-blocks-info-box-link-wrap info-box-link kt-blocks-info-box-media-align-top kt-info-halign-center\"><div class=\"kt-blocks-info-box-media-container\"><div class=\"kt-blocks-info-box-media kt-info-media-animate-none\"><div class=\"kadence-info-box-icon-container kt-info-icon-animate-none\"><div class=\"kadence-info-box-icon-inner-container\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fas_money-check-alt kt-info-svg-icon\"><svg viewBox=\"0 0 640 512\"  fill=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M608 32H32C14.33 32 0 46.33 0 64v384c0 17.67 14.33 32 32 32h576c17.67 0 32-14.33 32-32V64c0-17.67-14.33-32-32-32zM176 327.88V344c0 4.42-3.58 8-8 8h-16c-4.42 0-8-3.58-8-8v-16.29c-11.29-.58-22.27-4.52-31.37-11.35-3.9-2.93-4.1-8.77-.57-12.14l11.75-11.21c2.77-2.64 6.89-2.76 10.13-.73 3.87 2.42 8.26 3.72 12.82 3.72h28.11c6.5 0 11.8-5.92 11.8-13.19 0-5.95-3.61-11.19-8.77-12.73l-45-13.5c-18.59-5.58-31.58-23.42-31.58-43.39 0-24.52 19.05-44.44 42.67-45.07V152c0-4.42 3.58-8 8-8h16c4.42 0 8 3.58 8 8v16.29c11.29.58 22.27 4.51 31.37 11.35 3.9 2.93 4.1 8.77.57 12.14l-11.75 11.21c-2.77 2.64-6.89 2.76-10.13.73-3.87-2.43-8.26-3.72-12.82-3.72h-28.11c-6.5 0-11.8 5.92-11.8 13.19 0 5.95 3.61 11.19 8.77 12.73l45 13.5c18.59 5.58 31.58 23.42 31.58 43.39 0 24.53-19.05 44.44-42.67 45.07zM416 312c0 4.42-3.58 8-8 8H296c-4.42 0-8-3.58-8-8v-16c0-4.42 3.58-8 8-8h112c4.42 0 8 3.58 8 8v16zm160 0c0 4.42-3.58 8-8 8h-80c-4.42 0-8-3.58-8-8v-16c0-4.42 3.58-8 8-8h80c4.42 0 8 3.58 8 8v16zm0-96c0 4.42-3.58 8-8 8H296c-4.42 0-8-3.58-8-8v-16c0-4.42 3.58-8 8-8h272c4.42 0 8 3.58 8 8v16z\"\/><\/svg><\/span><\/div><\/div><\/div><\/div><div class=\"kt-infobox-textcontent\"><h2 class=\"kt-blocks-info-box-title\">Different Budgeting Methods<\/h2><p class=\"kt-blocks-info-box-text\">There are several methods of budgeting, and the best method for you depends on your personal preferences and financial goals. Here are a few common methods:<\/p><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<h4 class=\"wp-block-heading\">Traditional Budgeting<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">This method involves creating a detailed plan for spending money over a set period, typically a month or a year. You start by listing all your sources of income and then breaking down your expenses into different categories, such as housing, transportation, food, and entertainment. You then allocate a specific amount of money to each class and track your spending to ensure you stay within your budget.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Envelope Budgeting<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">With this method, you put cash into different envelopes labeled with specific spending categories, such as groceries or entertainment. Once the money in an envelope is gone, you stop spending on that category until the next budgeting period.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Zero-Based Budgeting<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">This method involves starting each budgeting period with zero dollars and assigning every dollar to a specific expense or savings goal. This ensures that all your money is allocated and you don&#8217;t overspend on any category.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">50\/30\/20 Budgeting<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">This method involves allocating 50% of your income to essentials such as housing, utilities, and food, 30% to discretionary spending such as entertainment and hobbies, and 20% to savings and debt repayment.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Automated Budgeting<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">This method uses technology to automatically allocate money to different categories, such as bills and savings, as soon as you receive your paycheck.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These are just a few examples of the different budgeting methods you can use to manage your money effectively. The most important thing is to find a method that works for you and that you can stick to over the long term.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"http:\/\/asaid.digitalscholar.rochester.edu\/blog\/wp-content\/uploads\/2023\/04\/npad-1024x1024.png\" alt=\"\" class=\"wp-image-1736\" srcset=\"https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/npad-1024x1024.png 1024w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/npad-300x300.png 300w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/npad-150x150.png 150w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/npad-768x768.png 768w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/npad.png 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<!--nextpage-->\n\n\n<style>.wp-block-kadence-column.kb-section-dir-horizontal > .kt-inside-inner-col > .kt-info-box_8c1795-86 .kt-blocks-info-box-link-wrap{max-width:unset;}.kt-info-box_8c1795-86 .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);border-top-left-radius:30px;border-top-right-radius:30px;border-bottom-right-radius:30px;border-bottom-left-radius:30px;background:#a7f8a0;padding-top:var(--global-kb-spacing-xs, 1rem);padding-right:var(--global-kb-spacing-xs, 1rem);padding-bottom:var(--global-kb-spacing-xs, 1rem);padding-left:var(--global-kb-spacing-xs, 1rem);margin-bottom:var(--global-kb-spacing-md, 2rem);}.kt-info-box_8c1795-86 .kadence-info-box-icon-container .kt-info-svg-icon, .kt-info-box_8c1795-86 .kt-info-svg-icon-flip, .kt-info-box_8c1795-86 .kt-blocks-info-box-number{font-size:50px;}.kt-info-box_8c1795-86 .kt-blocks-info-box-media{background:transparent;border-radius:200px;overflow:hidden;border-top-width:0px;border-right-width:0px;border-bottom-width:0px;border-left-width:0px;padding-top:20px;padding-right:20px;padding-bottom:20px;padding-left:20px;}.kt-info-box_8c1795-86 .kt-blocks-info-box-media-container{margin-top:0px;margin-right:15px;margin-bottom:10px;margin-left:15px;}.kt-info-box_8c1795-86 .kt-blocks-info-box-media .kadence-info-box-image-intrisic img{border-radius:200px;}.kt-info-box_8c1795-86 .kt-infobox-textcontent h2.kt-blocks-info-box-title{padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-top:5px;margin-right:0px;margin-bottom:10px;margin-left:0px;}.kt-info-box_8c1795-86 .kt-blocks-info-box-learnmore{background:transparent;border-width:0px 0px 0px 0px;padding-top:4px;padding-right:8px;padding-bottom:4px;padding-left:8px;margin-top:10px;margin-right:0px;margin-bottom:10px;margin-left:0px;}@media all and (max-width: 1024px){.kt-info-box_8c1795-86 .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}@media all and (max-width: 767px){.kt-info-box_8c1795-86 .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}<\/style>\n<div class=\"wp-block-kadence-infobox kt-info-box_8c1795-86\"><span class=\"kt-blocks-info-box-link-wrap info-box-link kt-blocks-info-box-media-align-top kt-info-halign-center\"><div class=\"kt-blocks-info-box-media-container\"><div class=\"kt-blocks-info-box-media kt-info-media-animate-none\"><div class=\"kadence-info-box-icon-container kt-info-icon-animate-none\"><div class=\"kadence-info-box-icon-inner-container\"><span class=\"kb-svg-icon-wrap kb-svg-icon-fas_smile-beam kt-info-svg-icon\"><svg viewBox=\"0 0 496 512\"  fill=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M248 8C111 8 0 119 0 256s111 248 248 248 248-111 248-248S385 8 248 8zM112 223.4c3.3-42.1 32.2-71.4 56-71.4s52.7 29.3 56 71.4c.7 8.6-10.8 11.9-14.9 4.5l-9.5-17c-7.7-13.7-19.2-21.6-31.5-21.6s-23.8 7.9-31.5 21.6l-9.5 17c-4.3 7.4-15.8 4-15.1-4.5zm250.8 122.8C334.3 380.4 292.5 400 248 400s-86.3-19.6-114.8-53.8c-13.5-16.3 11-36.7 24.6-20.5 22.4 26.9 55.2 42.2 90.2 42.2s67.8-15.4 90.2-42.2c13.6-16.2 38.1 4.3 24.6 20.5zm6.2-118.3l-9.5-17c-7.7-13.7-19.2-21.6-31.5-21.6s-23.8 7.9-31.5 21.6l-9.5 17c-4.1 7.3-15.6 4-14.9-4.5 3.3-42.1 32.2-71.4 56-71.4s52.7 29.3 56 71.4c.6 8.6-11 11.9-15.1 4.5z\"\/><\/svg><\/span><\/div><\/div><\/div><\/div><div class=\"kt-infobox-textcontent\"><h2 class=\"kt-blocks-info-box-title\">How to make budgeting fun<\/h2><p class=\"kt-blocks-info-box-text\">Budgeting can be challenging, but there are ways to make it more enjoyable and fun.<\/p><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<h4 class=\"wp-block-heading\">Set goals<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">One of the most motivating factors for budgeting is having a clear goal in mind. Whether you&#8217;re saving for a vacation or trying to pay off debt, setting specific, achievable goals can help keep you motivated and excited about your budget.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Make it a game<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Turn budgeting into a game by setting challenges or rewards for meeting your financial goals. For example, you could challenge yourself to spend less on groceries this month and reward yourself with a movie night if you succeed.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Use colorful tools<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Use colorful tools like budgeting apps or spreadsheets to make budgeting more visually appealing. Seeing your progress in a visually appealing way can make budgeting more exciting and enjoyable.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Involve friends or family.<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Get friends or family members involved in your budgeting process. This can make budgeting more fun and give you a support system to help you stay on track.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Celebrate your successes<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">When you meet a financial goal or stick to your budget for a certain period of time, celebrate your success! Reward yourself with a small treat or activity to keep you motivated.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Remember, the key to making budgeting fun is finding a system that works for you and keeping a positive attitude. Don&#8217;t be too hard on yourself if you make mistakes, and don&#8217;t forget to celebrate your successes along the way!<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"http:\/\/asaid.digitalscholar.rochester.edu\/blog\/wp-content\/uploads\/2023\/04\/smile-1-1024x1024.png\" alt=\"\" class=\"wp-image-1754\" srcset=\"https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/smile-1-1024x1024.png 1024w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/smile-1-300x300.png 300w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/smile-1-150x150.png 150w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/smile-1-768x768.png 768w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/smile-1.png 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<!--nextpage-->\n\n\n<style>.wp-block-kadence-column.kb-section-dir-horizontal > .kt-inside-inner-col > .kt-info-box_dd6d6b-8a .kt-blocks-info-box-link-wrap{max-width:unset;}.kt-info-box_dd6d6b-8a .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);border-top-left-radius:30px;border-top-right-radius:30px;border-bottom-right-radius:30px;border-bottom-left-radius:30px;background:#a7f8a0;padding-top:var(--global-kb-spacing-xs, 1rem);padding-right:var(--global-kb-spacing-xs, 1rem);padding-bottom:var(--global-kb-spacing-xs, 1rem);padding-left:var(--global-kb-spacing-xs, 1rem);margin-bottom:var(--global-kb-spacing-md, 2rem);}.kt-info-box_dd6d6b-8a .kadence-info-box-icon-container .kt-info-svg-icon, .kt-info-box_dd6d6b-8a .kt-info-svg-icon-flip, .kt-info-box_dd6d6b-8a .kt-blocks-info-box-number{font-size:50px;}.kt-info-box_dd6d6b-8a .kt-blocks-info-box-media{background:transparent;border-radius:200px;overflow:hidden;border-top-width:0px;border-right-width:0px;border-bottom-width:0px;border-left-width:0px;padding-top:20px;padding-right:20px;padding-bottom:20px;padding-left:20px;}.kt-info-box_dd6d6b-8a .kt-blocks-info-box-media-container{margin-top:0px;margin-right:15px;margin-bottom:10px;margin-left:15px;}.kt-info-box_dd6d6b-8a .kt-blocks-info-box-media .kadence-info-box-image-intrisic img{border-radius:200px;}.kt-info-box_dd6d6b-8a .kt-infobox-textcontent h2.kt-blocks-info-box-title{padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-top:5px;margin-right:0px;margin-bottom:10px;margin-left:0px;}.kt-info-box_dd6d6b-8a .kt-blocks-info-box-learnmore{background:transparent;border-width:0px 0px 0px 0px;padding-top:4px;padding-right:8px;padding-bottom:4px;padding-left:8px;margin-top:10px;margin-right:0px;margin-bottom:10px;margin-left:0px;}@media all and (max-width: 1024px){.kt-info-box_dd6d6b-8a .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}@media all and (max-width: 767px){.kt-info-box_dd6d6b-8a .kt-blocks-info-box-link-wrap{border-top:5px solid var(--global-palette7, #eeeeee);border-right:5px solid var(--global-palette7, #eeeeee);border-bottom:5px solid var(--global-palette7, #eeeeee);border-left:5px solid var(--global-palette7, #eeeeee);}}<\/style>\n<div class=\"wp-block-kadence-infobox kt-info-box_dd6d6b-8a\"><span class=\"kt-blocks-info-box-link-wrap info-box-link kt-blocks-info-box-media-align-top kt-info-halign-center\"><div class=\"kt-blocks-info-box-media-container\"><div class=\"kt-blocks-info-box-media kt-info-media-animate-none\"><div class=\"kadence-info-box-icon-container kt-info-icon-animate-none\"><div class=\"kadence-info-box-icon-inner-container\"><span class=\"kb-svg-icon-wrap kb-svg-icon-ic_lightbulb kt-info-svg-icon\"><svg viewBox=\"0 0 8 8\"  fill=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"  aria-hidden=\"true\"><path d=\"M3.41 0a.5.5 0 0 0-.13.06l-3 1.5a.5.5 0 1 0 .44.88l3-1.5a.5.5 0 0 0-.31-.94zm1 1.5a.5.5 0 0 0-.13.06l-4 2a.5.5 0 1 0 .44.88l4-2a.5.5 0 0 0-.31-.94zm0 2a.5.5 0 0 0-.13.06l-3 1.5a.5.5 0 0 0 .22.94h2a.5.5 0 0 0 .16-1l1.06-.56a.5.5 0 0 0-.31-.94zm-2.56 3.5a.5.5 0 0 0 .16 1h1a.5.5 0 1 0 0-1h-1a.5.5 0 0 0-.09 0 .5.5 0 0 0-.06 0z\" transform=\"translate(1)\"\/><\/svg><\/span><\/div><\/div><\/div><\/div><div class=\"kt-infobox-textcontent\"><h2 class=\"kt-blocks-info-box-title\">Additional resources<\/h2><p class=\"kt-blocks-info-box-text\">Nowadays, there are helpful mobile apps that may help you create, manage, and automate your budget. We encourage you to download, test, and explore the following apps to learn more and maximize your finances.<\/p><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<h4 class=\"wp-block-heading\"> Friendly budgeting apps &#8211; they are free!<\/h4>\n\n\n\n<ol class=\"wp-block-list\">\n<li><a href=\"https:\/\/mint.intuit.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Mint<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/goodbudget.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Goodbudget<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.ramseysolutions.com\/ramseyplus\/everydollar?gclid=CjwKCAjwue6hBhBVEiwA9YTx8P4URGobF2lYUHjNH-O806zNVpJ402DtFoYuINZqr7TCJsQbX0EJaxoCe70QAvD_BwE\" target=\"_blank\" rel=\"noreferrer noopener\">EveryDollar<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.empower.com\/empower-personal-wealth-transition\" target=\"_blank\" rel=\"noreferrer noopener\">Empowered Personal Wealth<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/pocketguard.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">PocketGuard<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.fudget.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fudget<\/a><\/li>\n<\/ol>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"http:\/\/asaid.digitalscholar.rochester.edu\/blog\/wp-content\/uploads\/2023\/04\/bulb-2-1024x1024.png\" alt=\"\" class=\"wp-image-1755\" srcset=\"https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/bulb-2-1024x1024.png 1024w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/bulb-2-300x300.png 300w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/bulb-2-150x150.png 150w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/bulb-2-768x768.png 768w, https:\/\/findex.digitalscholar.rochester.edu\/wp-content\/uploads\/2023\/04\/bulb-2.png 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cI Won\u2019t Buy It Until I Can Buy It Twice.\u201d &#8211; Jay Z What to expect? From this course, you will learn about the benefits of budgeting. Why having a budget is an essential tool for achieving financial stability and success. 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