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Learn F for FINANCE

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Introduction: Do you ever feel like your money disappears without you realizing where it went? If so, you're not alone. Many people struggle to manage their finances effectively, but the good news is that it's never too late to start taking control. In this blog post, we'll explore the basics of budgeting and provide you with practical tips to help you create a budget that works for you. What is a budget ? At its core, a budget is a plan for your money. It's a way to track your income and expenses so that you can make informed decisions about how to allocate your resources. A budget helps you prioritize your spending and make sure that you're not overspending in areas that are not important to you. How to create a budget ? The first step in creating a budget is to determine your income. This includes all sources of income, such as your salary, any freelance work, or side hustles. Once you've determined your income, the next step is to track your expenses. This i...