09-24-2023, 07:06 AM
Yes, I make a personal budget every month depending on the plans I have. Every month on the 1st, I take some time out of my day and make a list of the expenses I might have during the month and then estimate if the total expense would be under 50% of my income. It comes within that limit, it's all good. If it doesn't, I review the list again and see what's not really necessary this month and what can be planned next month as well, then try to adjust accordingly. This way I don't end up spending all my money and end up having 50% of it for saving and investments.