Identify Your Expenses
Preparing a budget is not very difficult. You can begin the process by thinking about your income and where you spend most of your money.
If you've never tracked your spending or created a budget, you might find it helpful to list all your expenses. Review each of the categories listed and select the expenses that apply to you.
When you are done entering your expenses, click the Print button at the bottom of the activity to generate a list. You can use this list to help you create your budget.