* Include savings into your budget. Living on a budget is not always easy, especially for those people who are not used to doing so. When establishing your budget, include weekly, bi-weekly and monthly savings goals into the budget. If you stick to this plan, you will have something to show for your financial discipline at the end of each month, and light at the end of the tunnel can be a motivating factor as you adapt to living on a budget.
The new year is a great time to turn over a new financial leaf, and establishing a budget is a great way to get started on a path to a brighter financial future.