Once your budget is created, the bulk of the work is done and from then on you are just revisiting it to make tweaks as your spending habits or income change.You’ve heard it before: Meal planning and prepping can help you so much in the kitchen. But you might also want to consider increasing your contribution to your 401(k), making bigger payments on your debt or investing for a future expense. They'll earn more interest in a high-yield savings account than your checking account. On the other hand, if your income is higher than your expenses, reevaluate what you should be doing with those excess funds. If your expenses exceed your income, this means focus on finding line-items in your budget that you can remove or cut back spending on. This is when you compare your net income to your monthly expenses to see where you stand.
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