Budgeting is creating a financial plan to spend, save and invest your money. It is the first step on the path to financial success. It starts with tracking your income and understanding your expenses, then setting financial goals and planning how to spend your money within your means.


What Is Discretionary Income?

Budgeting starts with knowing your discretionary income. Learn what goes into calculating it and apps to help you track spending against your budget.

How to Create a Personal Budget

Take charge of your financial health by following these six steps to create your own budget based on your discretionary income and spending.

The 50-30-20 Budget

This popular budgeting strategy helps you manage your money with 50% for needs, 30% for wants, and 20% for saving, investing and/or paying off debt.

Five Budgeting Mistakes to Avoid

Knowing these five common budget mistakes can help you build your savings and create better money habits.

Blog | Three Lessons That Helped Me Save $100,000

College Money Habits Founder Obioha Okereke describes three important money habits that gave him the confidence and skills to save $100,000.

Ready to test your budgeting knowledge?