Track spending and create a budget with apps and the 50/30/20 rule

Creating a budget starts with tracking your spending. Use a notebook or budgeting apps like Mint or PocketGuard to monitor income and expenses. This helps identify areas to cut back. The 50/30/20 rule is a good starting point: 50% for necessities, 30% for wants, and 20% for savings or debt repayment. Adjust as needed to fit your goals. #budgeting #personalfinance #moneymanagement #financialplanning