It all begins with an idea!

When: You should began to budget, once you have have steady income. Rather you have bills to pay or a vacation you’re saving up for, it is important to manage your money. So simply put, if you’re making any type of income then it’s time to start NOW!

Where: When you’re starting a budget for the first time or going for another attempt, it is important to start with tracking your spending. Gather your most recent bank statements and a highlighter, then set your categories!

How: Learning from your mistakes and understanding your WHY, will keep you motivated to create your budget every month.

As promised, here is your Girls Just Wanna Have Funds planner.

Also, I have a excel spreadsheet for my excel lovers, click here.

Links: Income - per household

https://data.census.gov/cedsci/table?t=Income%20%28Households,%20Families,%20Individuals%29%3AIncome%20and%20Earnings&y=2020&tid=ACSST5Y2020.S1901

Income- full time year round workers from 16 years old and older

https://data.census.gov/cedsci/table?t=Income%20and%20Poverty&y=2020&tid=ACSST5Y2020.S2001&moe=false

Formula to find out what’s left after bills:

Total income - Total expenses = Remaining balance

If your remaining balance is negative, we need to really focus on these tips to bring in more income.

Try out this Checklist!

Checking Accounts

Bank of America

https://www.bankofamerica.com/deposits/checking/advantage-banking/

Chase

https://personal.chase.com/personal/checking

Navy Federal Credit Union

https://www.navyfederal.org/checking-savings/checking.html

Alliant

https://www.alliantcreditunion.org/bank/high-yield-checking-account#rates

Savings Account

Bank of America

https://www.bankofamerica.com/deposits/savings/savings-accounts/

Chase

https://www.chase.com/personal/savings/savings-account

Navy Federal Credit Union

https://www.navyfederal.org/checking-savings/savings/emergency-fund.html

Alliant

https://www.alliantcreditunion.org/bank/high-yield-savings