The first step to developing a budget is to track your expenses for at least a month. Be sure to record every purchase, no matter how small, including ATM fees. Once you know where your money is going, you can make an educated decision about how best to allocate your money.
Once you have this information, enter your figures into our budgeting tool below to see just how much money you are able to put away on a monthly basis. This will also give you a better idea of the areas you need to cut back on.