How to Create and Manage a Budget

In order to have a certain level of financial security, it is important to have good money management skills. In order to have the greatest impact, people should learn how to properly manage their money at an early age. It is particularly important for high school students to understand the importance of budgeting prior to going off to college. By learning how to create a budget, a person is setting themselves on a positive financial path that will last a lifetime. His or her ability to save their personal finance records and create a solid budget will help them in terms of credit, buying a vehicle or a home, and for future retirement.

Create a Budget in Three Steps

Click on this link to discover how to create a budget using three steps. The steps are numbered and detailed. Although the article is designed for college students, the information is also valuable for high school students.

Managing a Budget

Clicking on this link will take the reader to an article on the Sauk Valley Community College website. The article briefly explains how to properly manage a budget once it has been prepared, and what to do after a certain amount of time has passed.

Manage - Budget: Create a Budget

This is an article that explains how people can create a budget to manage their money. The article gives three detailed steps to help people learn how to make a budget.

Creating a Budget

This page on the Utah State University website reviews what is involved to create a successful budget. The article reviews various budgeting methods, irregular income, and how to evaluate one's budget.

Budgeting Basics

This link opens up a PDF document that reviews the basics of budgeting such as spending plans, building a spending plan, financial priorities and goals, savings accounts, and achieving financial goals. The document also includes worksheets and activities.

Ten Steps to Making a Financial Budget

This is a CNN Money article that lists the steps that are needed to make a budget. Each step is numbered and easy to understand and follow.

Five Easy Tips and Tools for Creating a Budget

Clicking this link will open up an article that gives steps, tips, and tools for creating a budget. Each of the five tips and tools are numbered and discussed in detail.

NDSU Making and Living Within a Budget

This is a PDF guide to a budgeting program. The guide is meant for the program instructor, however, it details the steps involved in creating a budget in detail. The guide also includes thirteen budget related slides and details.

How do I Monitor and Adjust my Budget

A brief explanation on how to keep track of one's budget and make necessary adjustments. To the left of the article the reader may also click on links that explain what a budget is and how to create one.

NDSU Making and Living Within a Budget

This is a PDF guide to a budgeting program. The guide is meant for the program instructor, however, it details the steps involved in creating a budget in detail. The guide also includes thirteen budget related slides and details.

How do I Monitor and Adjust my Budget

A brief explanation on how to keep track of one's budget and make necessary adjustments. To the left of the article the reader may also click on links that explain what a budget is and how to create one.

This page leads to a number of financial literacy links. Many of the link that are on financial management, debt, and budgeting. Links lead to further information on budgeting, budgeting tools.

By Kelly Anderson