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9 resources for creating a spending plan that works for you:
As a general rule of thumb, the more time you spend planning for the future, the better. And when it comes to planning for your financial future, the time you spend will pay dividends down the road.
In its simplest form, a budget is a plan detailing how to allocate money; it is a document that outlines how much you’ll get paid, how much you’ll spend, and how much you’ll save each month.
Let’s face it, it’s not easy to start with a blank sheet of paper and create a budget. But with a few helpful tools and resources, you can have a budget drafted in no time. Most of these resources are free and can be used at any time, anywhere.
Best free online budget tools for charting a course to financial freedom
Budgeting is at the heart of any successful financial strategy. The problem is that it can be quite hard to budget online …or even offline, for that matter … when you don’t know how to track your spending habits and even harder to maintain and consistently use a budget.
More often than not, we don’t budget because we don’t know how, and if we can budget, we don’t know how to do it well (since we haven’t been taught), and if we do know, the budgeting tools we use aren’t built to be used or maintained on a long-term basis.
Mint
Mint is a free online budgeting tool that tracks your expenses, investments, retirement funds, debts, and credit scores. Mint automatically connects to your bank account and credit cards,