Here is a simple formula to help your budget: The ABC formula.
The budget is formula with Bankrate.com, which originally published this three-step process so that you credited to manage your budget.
A is for "automating" - Automatically sets aside money from each paycheck into a savings account or investment. Do not trust yourself to do this step manually. Instead, specify an automatic biweekly or monthly contributions to their 401k, IRA and savings accounts.
B is for "bills" - These worksheets budgeting to determine the amount you spend each month on your bills. Then set aside money in a checking account that is dedicated exclusively to the payment of their bills.
C is for "cash" - Once you have paid first (money for savings and investment store), and to save money on your bills, you can spend the money goes.
There you have it! The ABC method is a simple budget three-step plan to help you manage your finances.
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