Identify Your Needs

How can I create a budget . . . and stick to it?

No matter how much money you have, it’s important to have a budget in place. By tracking your expenses, you’ll have a better understanding of your finances. And, since you’ll be in control of your money, you can plan for a more rewarding financial future.

Your Raymond James financial advisor can also be a valuable resource when it comes to preparing a budget. Print a copy of our budget worksheet and discuss it with him or her at your next meeting.

Where to begin

Before you start crunching numbers, remember that a good budget is a balanced budget. While it’s imperative that bills get paid, it’s equally important to live your life. Don’t axe your monthly trip to the movies if you can help it. Instead, try a cheaper alternative like a matinee or movie rental. Otherwise, you may find yourself cheating when the next blockbuster comes out.

Creating your budget

Use our budget worksheet to help you track expenses. It may take a few months to accurately account for your spending habits, but don’t give up. Once a realistic budget is in place, you’ll be able to live a more comfortable and secure life.

For a more detailed analysis of your budget and how it affects your financial plan, contact your Raymond James financial advisor today. If you’re not already a client, use the Office Locator to find our office(s) nearest you.