Budgeting 101

Building your Budget

Have frequent money check-ins

A budget is simply a plan for your money. Oftentimes, the hardest part of budgeting is usually sitting down to do it, so we like to make this process as enjoyable as possible. Maybe you light a candle, grab your favorite beverage, etc. There are two parts to budgeting: 1) track your current money habits and 2) creating a new money plan. Use the steps below to guide you in this proces:

Digital beings

Create Budget Buckets

Reflect on your values and spending

Track income and Expenses to Build Awareness

Define your financial goals and values

The 5 - Step Budget

Financial wellness begins with understanding your values and goals. Your "why" will guide you through challenges. Everyone’s values and goals are unique, and that's okay! Once you identify your values, set 3 key financial goals to stay focused and make informed decisions for long-term financial health.

Cotextualize your topic

Start with your "why"

Step 1: Define your Financial Goals and Values

Stay accountable. Regularly review and adjust your goals and progress to stay on track.

Create a plan. Use your goals to guide your budget.

Set CLEAR financial goals. Write down three specific goals.

Identify your values, understand what is most important to you financially.

Wants

Find a system that works for you with budgeting, you could use apps, spreadsheets, journal or even automate! More on this in the following steps!

Automate, Monitor & Adjust

Repay Debts - Consider the interest, your career goals/plans and your values

Repay Debt

Where do you value spending your money? Are there larger wants (new car!) you’re saving up for?

Income

Prioritize your savings, build your emergency/opportunity funds

Savings

Compare your income to your expenses. Do you have enough? Just enough? Do you have overflow?

Compare

Add up & categorize your expected monthly expenses (needs)

Expenses

List all sources of income (salary, side gigs, passive income).

Step 2: Track Income and Expenses to Build Awareness

• Understanding your spending behavior helps you make informed changes.
• Reflection reveals whether you’re on track with your financial goals.

Action Steps:

• Analyze your spending patterns: Are they aligned with your values and goals?
• Identify any habits or purchases that don’t serve your long-term goals.

ontextualize your topic

Reflect on your values and spending

Step 3: Reflect

extra debt payments, like:

• credit card debt
• car loans
• student loans

• 3 -6 months emergency savings
• saving for big goals (i.e., new car)

• Eating out

• Travel
• Netflix
• New outfits

• Rent
• Groceries

• Health Insurance
• Medicine

Needs

Savings

Debt Pay-off

Wants

• Based on where you are currently AND where you’d like to go, create “buckets/vaults” for your spending and saving based on a realistic goal for each category.
• To create your buckets, group common expenses into a few categories (some examples below!)
• Remember to include a bucket for fun money!

Align your budget with values and goals!!

Step 4: Create Budgeting Buckets

Mone Dates!

• Schedule regular check-ins (weekly or monthly) to review your budget.
• Track your progress, make adjustments, and stay accountable.
• Keep your goals in focus to stay motivated and on track.

Money Check-Ins are Key Part of Self-Care & Wellness !

Step 5: Have Frequent Money Check-Ins

Got an idea?

Let the communication flow!

With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.

• Generate experiences with your content.
• It’s got the Wow effect. Very Wow.
• Make sure your audience remembers the message.

Got an idea?

Let the communication flow!

With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.

• Generate experiences with your content.
• It’s got the Wow effect. Very Wow.
• Make sure your audience remembers the message.

Got an idea?

Let the communication flow!

With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.

• Generate experiences with your content.
• It’s got the Wow effect. Very Wow.
• Make sure your audience remembers the message.

Got an idea?

Let the communication flow!

With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.

• Generate experiences with your content.
• It’s got the Wow effect. Very Wow.
• Make sure your audience remembers the message.

Got an idea?

Let the communication flow!

With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.

• Generate experiences with your content.
• It’s got the Wow effect. Very Wow.
• Make sure your audience remembers the message.

Got an idea?

Let the communication flow!

With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.

• Generate experiences with your content.
• It’s got the Wow effect. Very Wow.
• Make sure your audience remembers the message.

Got an idea?

Let the communication flow!

With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.

• Generate experiences with your content.
• It’s got the Wow effect. Very Wow.
• Make sure your audience remembers the message.