the ultimate budget template

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The ultimate budget template

Rounding it up

  • A good budget should help you achieve two things: prevent you from going into the red and get you closer to your financial goals.

  • There are different ways to create a budget. If you like to be super hands-on, the try tracking your expenses in real-time and updating your budget on a daily or weekly basis.

  • If you don’t want to track every penny, do some planning in advance by splitting your paycheque into buckets for bills, spending, and saving.

  • After creating your budget, it’s time to build the spending habits that will help you stick to it. Be realistic, and don’t forget to give yourself some wiggle room.

7 min read

Silvi Woods
#budgeting#saving#money#finances

Silvi Woods

Silvi Woods is a financial planner at Wealthsimple and holds her CFA and CFP designations. Prior to Wealthsimple, she worked as an Investment Analyst for one of Canada’s largest equity mutual funds and as a Financial Planner at KOHO.

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