Developing a Personal Monthly Budget

Whether you have dug yourself out from major debt or are still on the path to financial health, one of the best strategies available to you is creating and maintaining a regular budget.


For some consumers, budget is a scary word. It means restrictions, limits and rules.  However, if you reframe your thinking, a budget can be your road map to financial safety. Just like you wouldn’t embark on a cross-country trip without a GPS, you shouldn’t expect to reach financial freedom without a budget.