Every year I write out the amount I want to spend in particular categories for the year. For example, in 2021 I don't want to spend more than $5000 on groceries for the year, which averages out to $416 per month. I find that a yearly budget is helpful because some months I may spend way more on a certain category, but may spend way less in that category the next month. The yearly budget makes sure I'm on track.
I included a screenshot of my budget below, in case anyone is interested!!
December 05, 2020 at 03:47PM
