Write about your approach to budgeting.

My approach to budgeting is to be realistic and mindful of my expenses and incomes.

1. Start by listing all monthly expenses ( including necessities and discretionary spending).
2. Determine the income and allocate funds towards each expense category.
3. Prioritize essential expenses first and then allocate remaining funds to discretionary spending.
4. Set aside money for irregular or annual expenses.
5. Be flexible and adaptable because unexpected expenses can arise.
6. Regularly review and track spending to stay within the budget.
7. Make adjustments as needed to manage finances wisely and responsibly.