FINANCE
5
BUDGETING TIPS
with Iona Bain
your goals measurable, achievable and "
" Make realistic
- then you'll begin improving
1. TIME
Set aside time to budget
2. CATEGORISE
Understand exactly what's coming in and put
it into different categories
3. ESSENTIALS
Understand
the
difference
between
essential spending like food, rent, utilities and
discretionary spending such as unnecessary
luxuries
4. IN & OUT
One in, one out rule: 'I won't buy anything new
until I've used what I already got'
5. CHECK
Keep checking in!
7