1. Create a Budget Track your income and expenses monthly. Use tools or apps to categorize and monitor spending. Stick to the 50/30/20 Rule: 50% for needs (housing, utilities, groceries). 30% for wants (entertainment, dining out). 20% for savings and debt repayment. 2. Set Financial Goals Define short-term (e.g., vacation) and long-term goals (e.g., retirement). […]
