How to Make a Weekly Budget

Beginner 30 min 14 steps 16956 views Rating: 4.3/5 Published: 2026-04-20

Gather all of your paperwork.. Calculate your weekly income.. Make a list of all of your expenses.

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Steps

1

Gather all of your paperwork.

Step 1

Gather all of your paperwork.

2

Calculate your weekly income.

Step 2

Calculate your weekly income.

3

Make a list of all of your expenses.

Step 3

Make a list of all of your expenses.

4

Divide your expenses into discretionary and non-discretionary.

Step 4

Divide your expenses into discretionary and non-discretionary.

5

Subtract your expenses from your income.

Step 5

Subtract your expenses from your income.

6

Make any necessary spending adjustments.

Step 6

Make any necessary spending adjustments.

7

Write down how you envision your financial future.

Step 7

Write down how you envision your financial future.

8

Calculate your total assets.

Step 8

Calculate your total assets.

9

Create a list of short-term goals.

Step 9

Create a list of short-term goals.

10

Make long-term financial goals.

Step 10

Make long-term financial goals.

11

Enter your goals into the budget as expenses.

Step 11

Enter your goals into the budget as expenses.

12

Schedule a weekly budget planning session.

Step 12

Schedule a weekly budget planning session.

13

Contact companies for bill reductions.

Step 13

Contact companies for bill reductions.

14

Use a spending or bill payment tracking app.

Step 14

Use a spending or bill payment tracking app.

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