Now that you’ve examined your income and expenses and created your budget, is it workable for you? The best budget is the one that works for you. As you use it, feel free to adjust the amounts in the expense categories according to your realistic needs.

For example, if you had designated $300 per month for gas, but the gas prices rise, you may need to go back and raise the amount in the budget. Keep your budget up to date so you can continue to enjoy its benefits.

Does your budget have workable amounts, but you find that you’re still having difficulty staying within your budget? Try the Envelope Method to easily keep track of your spending in each category.