How to create budget of bare bones (and actually hold it)

When the money is tight, the budget of bones will help you cut accessories and focus only on what is necessary. It's not forever - it's a tool to get control.

Step 1: Find out your minimum monthly income

- Add payout after taxes.

- Include any reliable income (side concerts, advantages).

- If your reception is different, use the lowest amount you expect.

Step 2: Identify the absolute essentials

Ask yourself: Do I need it to survive and remain financially stable? Here's what remains:

- housing: rent/mortgage (plus taxes, insurance if necessary).

- Utility: electricity, water, heat.

- Food: Simple, homemade meals- no restaurants or exit.

- Transport: Work costs (gas, basic insurance, public transport).

- Health care: necessary regulations and insurance.

- Debt payments: minimum amounts to avoid fines.

- Basic communication: The cheapest phone/Internet required for work.

- Hygiene and cleaning: soap, toothpaste, toilet paper, basic cleaning agents.

Here's what goes:

- Eating, entertainment, streaming subscription beyond the foundations.

- Unnecessary shopping (clothing, gadgets, home decoration).

- holidays, gifts, luxury expenses.

Step 3: Assign budget amounts

- Check that the past accounts are for estimates of realistic costs.

- Add basic expenses.

- Compare income - if costs exceed income, adjust further or find additional income.

Step 4: Stick on the Plan

- Watch all: Use an application or a simple laptop.

- Use cash for expenditure limits: only reflect what is budget - when it is gone, stop spending.

- Food plan: Cook at home, avoid impulse food purchases.

- Find free fun: parks, libraries, free events.

- Say NO if necessary: ​​Let friends/family know that you have a budget.

- Log out and inoperative: Stop seeing ads that will give you to spend you.

- Automate Savings/Debt Payments: Set small automatic transfers to avoid spending them.

Step 5: Edit and proceed

- Life changes - Answer your budget per month.

- If you slip, don't give up - get back on the track.

- Know when you stop this budget - remember.

It's hard, but gives you control. Hold on to see the results.