Tips to Create a Budget Binder

Are you struggling to get your finances in order? Do you feel like something comes up and throws you off every time you get on top of your budget? Unexpected bills can quickly derail your budget if you're not prepared.

Why you need a budget binder?

Having a budget binder can make life easier because you won't worry about losing receipts or forgetting to pay bills. Plus, it's a great way to get organized, stay on top of your finances, and plan for the future without the cost of hiring a financial planner.

How To Use a Budget Binder

Set Goals

Setting goals is the first and most significant step in creating a budget binder. Whether your goal is to save for a down payment on a house or get out of debt, setting specific goals will help you stay on track. 

Record Income and Expense

Make a list of your fixed expenses, such as your rent or mortgage, car payment, insurance, and subscriptions. Then, track your variable costs, such as groceries, gas, and entertainment.

Pay Bills on Time

Who doesn't hate late fees? Getting your bills paid on time is crucial to keeping your finances in good shape. A budget binder is perfect for keeping your bill payment calendar, storing your paper bills, and documenting your payments.

- Ring Binder   - Tab Divider    - Pockets/Folders -Paper Clip - Stickers (optional) - Highlighters (optional) - Label Maker (optional)

Supplies You Need:

Now you know how to create your money-saving budget binder. There are many ways to organize your budget binder to meet your needs, so feel free to be creative and make it work for you!

Swipe up to read more about a budget binder