Making Budget Making a budget is the most important step in controlling your A bodget allows you to track your Income (the money that you have) and your Expenses (the you spend)By writing down your monthly income and expenses, you can see how money you expect to have for the month and plan for how much you can spend The First Rule of Budgeting The first of budgeting is simple: Spend less than you earn you earn $2.000 a month from your job, 50 from Interest on your savings account , then your income for the month is $2,050. Now you know that you have to spend less than $2,050 the entire Structuring Budget 1: Determine your Income Estimate all