How To Budget
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How to create a simple budget and stick with it!

If you’re lazy like me, you’ll want this simple easy to use the budget outline provided below.

No need to keep track of every little purchase.

Just do a bit of work ahead of time and you’ll be set up until the next time your money situation changes.

A little bit about me and before I created this budget outline. I was living paycheck to paycheck. Receiving money every two weeks and putting it all on my credit card. I was surviving instead of thriving. If this sounds like you, don’t worry! This easy step-by-step budget will get you in control of your money!

With a simple budget in place, you’ll keep up with your debt while saving, have spending money and pay for your expense with ease.

Before creating a budget, I was living paycheck to paycheck. I was surviving instead of thriving.Click To Tweet

1. Your Income

Grab a piece of paper and write down how much you make in a month, as well as, break it down to how frequent you get paid.

2. List your expenses

List all your expenses, daily, monthly, yearly. Caroline Vencil has a great list for you to reference. Now that you’ve written down all your expenses, separate them into categories, I simply use a letter system, A for Business Expenses, B for Yearly Expenses, C for more frequent Expenses, D for Gifts/Vacation, E for Cash expenses, F for bi-weekly expenses.

3. Map out your expenses

Now that you have your categories, allocate when you’ll be contributing to your expenses. If you’re like me who gets paid every 2 weeks, you’ll have 2 extra paychecks in a year, it’s always nice to have that extra paycheck, but I don’t spend it on just anything, I allocate it wisely.

4. Create Bank Accounts

By creating multiple accounts and separating your categories, you’ll be able to tackle those expenses, since you’ll already have that money tucked away. I have the following saving accounts which correspond with my categories that I’ve created earlier:

  • A Business
  • B Yearly Expenses
  • C Gifts/Vacation
  • D Dogs (food/vet/supplies)
  • RSPS (Retirement Savings)
  • Emergency Fund
  • Savings

5. Refine and Follow

Now that everything’s written down and organized, it’s time to clean up and rewrite your budget. Every paycheck, refer back to your budget and allocate your funds according to your pay. Also when you receive a raise, it’s a good time to revisit and decide where to put this new money.


Now that you have your budget down on paper, you’ll love it! I know I do. You’ll have the money ready for those little expected and unexpected events. You’ll start seeing your debt decrease, and hopefully be gone before you know it!

Do you have another method of keeping track of your budget? If so, what is it?

How To Budget And Stick With It!
How To Budget And Stick With It!
How To Budget And Stick With It!
How To Budget And Stick With It!
2018-08-10T18:33:29+00:00By |Money, Saving Money|

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