Creating a Budget 101

A quick guide on how to create a monthly budget.

Start your financial wellness journey

Set goals
Track your spending
Create a budget

Why you should create a budget

Creating a budget is a great way to help establish financial stability. It provides a clear overview of income, expenses, and spending habits, enabling you to make informed financial decisions and prioritize your needs and wants.

Budgeting prevents you from overspending, allows you to identify opportunities for savings and helps you achieve financial wellness. Moreover, the sense of control and awareness gained through proper budgeting can help reduce stress and cultivate a sense of empowerment.

Get started today

To get started, use this budgeting worksheet to calculate your monthly expenses and income to get an idea of what you have to work with, what your commitments are, and what you have remaining to devote to your goals.

For additional articles and resources visit GreenPath Financial Wellness.*

For assistance with creating your budget, schedule an appointment.

Financial Wellness is Within Reach

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*Worksheets and resources provided by our partner GreenPath Financial Wellness. If you contact GreenPath for Counseling Services, you will be directed to a website owned and operated by GreenPath. The Credit Union is not a party to any agreement between you (or your family members) and GreenPath and does not receive any information from GreenPath regarding the services they provide (including any information about you or your family members that would constitute personal data). Please carefully review GreenPath’s terms of service and privacy policy to understand your relationship with GreenPath.