In today's fast-paced world, managing personal finances can often feel overwhelming. However, establishing a monthly budget is a crucial step towards achieving financial stability.

For Henry and Janine, their baseline monthly spending budget is $3,430 ($2,190 in fixed monthly expenses + $1,240 in variable monthly expenses).

Green budget tip: People often don’t realize that small changes can result in lower utility bills. Make an effort to unplug electronics, use less water and heat/cool your home wisely, and you ...

Step 2: Look at Your Expenses Every monthly budget must include data about your expenses. To get a handle on your expenses, divide them into two buckets: ...