2. Create a budget
You need to know exactly how much you spend on a regular basis in order to make a financial plan for a couple of months. Rent, food, and so on and so forth are things we should write down every time we pay them. Why? This way you’ll know the fluctuations of your expenditure each month and how much you’ll have to save for the months to come.
So, determining how much you’ll need for your emergency fund will help you a lot in the process. Clumsy with your finances? A budgeting app will most definitely help you keep track of your personal finances but remember it won’t do the work for you.
