Budgeting is the foundation of financial stability. Start by tracking your income and expenses, categorizing spending, and setting realistic savings goals. A simple rule like the 50/30/20 method can make budgeting more manageable.

The pro of budgeting is gaining control over your finances and reducing unnecessary spending. However, sticking to it requires discipline and occasional adjustments.

Use budgeting apps or spreadsheets to stay organized. The more consistent you are, the better results you’ll see in achieving your financial goals.