Ah, the budget. It’s one of the most important things you need to do to maximize your personal financial situation.
By making a budget (and more importantly sticking to it) you’ll be able to see exactly where your hard-earned money is going: large expenses, small expenses, necessities, luxuries, etc. You’ll be able to identify the areas that you can cut spending to save money for your short and long term saving goals and get a plan together for paying down your debt.
In short, a budget lets you show your paycheck who’s the boss and puts you in control of your money. So where do you start? We have tons of resources to help you figure out exactly what is going on with your cash each month.Student Budget Calculator
SavvyMoney Checkup is a free online tool that helps give credit union members a clearer understanding of their financial health.
Take this 15 minute questionnaire to organize your information on income, debt, and expenses, and SavvyMoney will give you an easy to understand financial analysis of your current financial situation including: debt to income ratios, debt payment ratios, and a budget analysis. Along with strategies and products Beacon offers that can help you where you need it most. Awesome sauce, right?!
If you are looking for premade budgeting sheets to help you fill in your numbers and track your monthly expenses, look no further! We’ve got everything you need to get started tracking your budget right here (and we did all the set up for you – just fill in your numbers and go. Pretty sweet, right?)
And if you need a detailed breakdown of how to make a budget – we’ve created Budgeting 101. Or you can check out the other awesome budgeting blogs below:
Links to other websites found here are provided to assist in locating information. The existence of a link between this website and another does not constitute a product or program endorsement by Beacon Credit Union or any of its affiliates or employees. The Credit Union has no responsibility for content of the websites found at these links or beyond and does not attest to the accuracy or propriety of any information located there.