Budgeting continued

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:  

  1. Separate your needs from wants  
  1. Pay for your needs first  
  1. 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.