Simple ways to budget and save money | ABC News

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Do you feel a bit chaotic when it comes to managing your money? You're not alone.
The key with budgeting is to start out with some goals. When it comes to budgeting, it's important to find a method that works for you. Whichever budgeting system you choose, it can be really useful to spend a couple of weeks doing a money diary, where you list everything you spend — from big bills to coffees. Three common budgeting methods are the cash envelope method, the balanced money formula, and a traditional budget.

This video contains general information only. It should not be relied on as finance advice. You should obtain specific, independent professional advice from a registered financial planner in relation to your particular circumstances and issues.

RESOURCES
National Debt Helpline
ASIC’s Moneysmart
Good Shepherd Microfinance No Interest Loan Scheme

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Don't you need money in the first place in order to budget?

birdinmotion
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$960 a week average Jesus Christ that's $300 more then I get

wrzmn
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Why is the comments filled with spam girls

ponja-tv
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I know you guys mean well but the methods outlined in this video are archaic. Yes the envelope system works well but these days you can do that all electronically, same with a spending diary. Doing it all manually like this would turn a lot of people off.

Spacemonkeymojo
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I have set up many free accounts with my credit union.

nathanhallisey
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2:23 Interest? Do ye still get that over there? No sign of it here in the eu

sdrtcacgnrjrc
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Middle income people trying to get poor people to simp for capitalists.

Tax the rich.

TheJuggtron