7 Steps on How to Create a Budget

It doesn’t matter how much money you have—one of the most important things you can do is create (and stick!) to a budget. Budgeting doesn’t have to be restricting if you account for your expenses in a smart way. In this video, learn about the following. • The seven steps to creating a budget • The 50/20/30 rule for your monthly expenses Visit to learn more tips for successful budgeting for students. Stay connected with Great Lakes on Facebook and Twitter for helpful financial tips and student loan info. Have questions? Don’t hesitate to reach out. While viewers are welcome to share this video with other audiences, Great Lakes is not responsible for maintaining its content or ensuring availability. Great Lakes may remove or transfer the video from YouTube without prior notice.