Budget Management For Beginners: How To Start Using A Financial Planner

The term budget may seem scary at first and you may wonder how to do it if you have no financial sense or have just spent your money recklessly.

But if these have been formulated in you, then you have already realized that it does make sense to keep a budget, but you just don’t know how to start.

In that case, I’m here to help you!


Why start using a budget

In any part of life, it is important to know why we do what we do. We work to have money, and we can spend the money. But it doesn’t matter what!

I already listed a few reasons before, but you can think of anything that makes you want to keep a budget.

Maybe you have a dream car you want to buy and put aside monthly. Or maybe it just bothers you that you spend too much on make-up and want to reduce this.

Your reason can be anything, but it’s important to have something, as it helps to maintain your motivation.

It is also possible that you will have another reason for keeping a budget along the way. Or maybe a new one will be added to the existing one.

Set goals for yourself for the budget

In addition to stating the why, it is very important to set goals for yourself. This may be the same as your why, but it may be different!

The biggest difference you must pay attention to is that you can formulate a more general reason (I would like to buy a car). But you have to think in concrete terms when it comes to the objective.

What do I mean?

If we are talking about the mentioned example, then you have to describe what kind of car you want to buy and how much it will cost specifically. You can also define how long you want to achieve this.

The point is to focus on specific numbers because without them you won’t be able to track your progress and you won’t be able to follow the path set as a goal.


I know this is one of the hardest parts, but it’s also the most important.

If you have decided what your financial priorities are for the next period and you have formulated exactly how much money you need, then the math can begin.

Be careful not to expect a miracle from yourself right away. If you’ve spent more than $100 on make-up stuff, it’s pretty much impossible for it to drop much overnight.



Set yourself goals that you can realistically achieve.

As time goes by, you will become more and more aware of this area as well, and you will be able to reach your financial goals more and more easily.

So start counting with less and count with more time, it’s okay if this can change later. Believe me, as you get better at it, you will be able to set higher goals.

In the following article, you will receive advice on how you can make this calculation efficient.



If you want to try out a free budget planner template, you can click here to choose:


Free planners

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I hope you enjoyed these articles and don’t forget: these things aren’t written in stone, these articles are to entertain and positively push you!