Creating a livable budget seems confusing, but its really simple when you start with the big picture.
The best getting-started guideline is 50-30-20 rule. That standard helps define you big spending buckets, but allows flexibility inside the buckets based on your unique situation.
Big Spending Buckets
Housing, Food,Car,Medical , work-related expenses,minimum payments. Your Needs bucket holds everything you absolutely must have to survive-the basics. Not sure how much budget for housing or transportation? Follow these guideposts ( and stay inside the 50% bucket cap )