How to Set a Budget
The Steps to Set a Budget:
Luke 12:42 "And the Lord said, "Who then is that faithful and wise steward, whom his lord shall make a ruler over his household, to give them their portion of meat in due season?"
A budget is a good way to make sure that you can make your payments on time and that you have enough money to live on from day to day.
You will need to consider needs like:
- Food
- Rent
- Electricity
- Water
These expenses are important to keep in mind because they help you to survive on your own. You need food, water, and a place to live; these basic expenses should be your main concern when making a budget. You can do a google search for a budget plan or use the following link to see what a budget looks like:
http://www.consumercredit.com/financial-education/budgeting.aspx.
Be sure to pay each bill on or before its due date. You will not want to wait until the middle or end of the month to pay rent, for example; pay it at the beginning of the month.
While it is better not to borrow money from friends and loved ones, if you find the need, remember to pay the full amount back in as timely a manner as possible. Someone is doing you a favor by lending you money and helping you financially; you should be respectful in return and do all that you can to repay them as quickly as possible.
How to Get a Copy of Your Birth Certificate
How to Get a Social Security Number
How to Set a Budget
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