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In making a budget, whether it be envelope budgeting or what have you, the initial step is to list of your fixed monthly expenses on paper or a spreadsheet.

Pull your bank statements for the past year and review so you don't forget listing any expenses.

Next you list your net monthly revenue, ie: net paycheck amount.. Then, you subtract monthly expenses from the revenue to determine your monthly cash flow.

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13y ago
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Q: How do you make a budget?
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