How did you get on? Did you manage to keep within Alex’s new budget? Many of the items in Alex’s budget are wants, but there are a few items that should have been prioritised:
Whenever you make a budget, you need to:
- Separate your needs from wants
- Pay for your needs first
- Prioritise your wants with what you have left
Most importantly, your budget should be based on your own personal circumstances and not that of others: the Best Feel for you.