You have to be a smart with money doesn’t have to the involve high-risk investments or having thousands of US Dollar in the your bank. You had better start by building a budget to help you stay within your means and prioritize your financial goals. Then you can work on paying down your debt, building up your savings, and making better & smart spending decisions in your life.

01-You had better ‘ Set your financial goals’. You have to understanding what you are working        
toward will help you build a well budget to meet your needs. Do you want to pay for down the debt ? Are you saving for a main purchase ? Are you just finding to be more and more financially stable ? You have to clearly identify your top priorities so that you can build your budget to fit them.

02- Just look at your overall monthly income. You should better start by calculating your total monthly income. Include not just the money you get from the work but any cash you get from things like side-hustles, alimony, or child support. If you share expenses with your partner, If you can better the calculate your combined income to figure out a household budget.

You should better aim to have your overall monthly spending not the exceed what you bring in. Emergencies and unforeseen occasions happen, but try to set a goal of not using the your credit card to cover non-necessary items when your bank balances are low.

03.You had better calculate your necessary expenses. Your first priority in building a better budget should be those things that need to be paid the every month. Paying these expenses should be the your first priority, as these items are not only necessary for daily activities but could also damage your credit if you fail to pay them in full and on time.

Such expenses should be include your mortgage or rent payment, utilities, monthly car payments, and credit card payments, as well as things like your groceries, gas, and the insurance.

Set up your bills payment on auto pay to make them easy to prioritize. This way the money comes out of your bank account on the day the bill is due. Set up auto pay only if you're sure you'll have enough money with you, each month to pay those bills in full.

04.-Factor in your non-essential expenses. We have to keep our mind ,Budgets work best when they reflect your daily life.

05.-Look for places to make cuts. Creating a well budget will help you correctly identify things you can cut from the your regular expenses and roll into your savings or debt payments. Investing in a good coffee pot and a mug, for eg- can help you save on your morning fix for years to come.

Don’t forget your longer-term expenses.(Keep it mind) Check things like insurance policies, and see if there are places you can scale back. If you are paying for the collision and comprehensive insurance on an old van, for eg- you may opt to scale back to liability insurance only.

06-You had better , If you can -Track your monthly spending. month depending upon your personal needs. Track your spending by the using an expenses journal, a spreadsheet, or even a budgeting app to help you ensure that you are staying within your means each month.

07-Build some savings into your budget. Exactly you have to ger a ideas how much you save will depend upon your job, your personal expenses, and your individual financial goals. Aim to save something each month, however, whether it’s $40 , $100 or $600. Many financial experts recommend a target savings of five months’ worth of expenses.