--- title: 6 Tips for Creating a Healthy Budget description: Budgeting is a great way to make steps for achieving your goals. Whether those goals are small like saving up for a vacation or limiting your spending on fast food, or big goals like getting out of debt or saving for retirement. Budgeting can help you feel more in control of your finances. image: https://blog.lonestarcu.org/hubfs/budget-flat-vector-icon_9206-60.jpg --- [![Lone Star Credit Union](https://blog.lonestarcu.org/hubfs/img/lonestar-logo.png) ](http://www.lonestarcu.org) # 6 Tips for Creating a Healthy Budget Posted by [Elise Norris](https://blog.lonestarcu.org/author/elise-norris) on 02/06/2019 Find me on: [LinkedIn](http://www.linkedin.com/in/kiyominorris) - [Tweet](https://twitter.com/share) Budgeting is a great way to make steps for achieving your goals. Whether those goals are small like saving up for a vacation or limiting your spending on fast food, or big goals like getting out of debt or saving for retirement. Budgeting can help you feel more in control of your finances on a day-to-day basis. ![budget-flat-vector-icon_9206-60](https://blog.lonestarcu.org/hs-fs/hubfs/budget-flat-vector-icon_9206-60.jpg?width=258&name=budget-flat-vector-icon_9206-60.jpg)   1. Create your budget before every month begins: Doing so allows you to know exactly how much you can spend on each category of your budget. If you try to budget for the month while you are in the middle of the month, it will completely throw your plan off and most likely make you feel even more limited than before. 2. Budget for that specific month: Every month is different than the previous. Some months you might be budgeting for a vacation, for a business trip, kids going back to school, or a holiday. Don't just assume that this month will be the exact same as the last. 3. Necessities come first: Make sure you budget for the most important things first. Food, clothes, shelter, and transportation should always be at the top of your list. Make sure to finance accordingly to those categories first and then fill in other personal wants or needs. 4. Pay off your debt: Make space in your budget to start paying off debt. This will give you more financial liberty later on without that stress looming over your head. For more information, check out our blog post on how to pay of debt using the [Snowball Method](https://blog.lonestarcu.org/how-to-pay-off-debt-using-the-snowball-method). 5. Downsize your budget: Take a look at your monthly bills and see if some of those subscription fees are actually "necessary". Things like fast food, cable, retail therapy, or your daily trip to Starbucks can all be cut out when you feel restricted financially. When things are less tight, you can always add back in those little splurges here and there. 6. Create a Buffer: We all know that extra expenses pop up every once in a while. Maybe an unexpected medical bill, your air conditioning goes out, or car troubles. Creating a buffer in your budget will make sure that if something like this happens, then you won't have to entirely recreate your budget from scratch. Much less stressful, right? Topics: [Managing Your Money](https://blog.lonestarcu.org/topic/managing-your-money), [Saving for the Future](https://blog.lonestarcu.org/topic/saving-for-the-future), [advice for members](https://blog.lonestarcu.org/topic/advice-for-members), [Saving Money](https://blog.lonestarcu.org/topic/saving-money) ### Recommended Articles ### Search by Topic - [advice for members (20)](https://blog.lonestarcu.org/topic/advice-for-members) - [Managing Your Money (17)](https://blog.lonestarcu.org/topic/managing-your-money) - [Saving Money (8)](https://blog.lonestarcu.org/topic/saving-money) - [Saving for the Future (6)](https://blog.lonestarcu.org/topic/saving-for-the-future) - [Holiday Advice (5)](https://blog.lonestarcu.org/topic/holiday-advice) - [Fraud Protection (4)](https://blog.lonestarcu.org/topic/fraud-protection) - [In the Community (2)](https://blog.lonestarcu.org/topic/in-the-community) - [Making a Big Purchase (2)](https://blog.lonestarcu.org/topic/making-a-big-purchase) - [Scams (2)](https://blog.lonestarcu.org/topic/scams) - [Home Equity (1)](https://blog.lonestarcu.org/topic/home-equity) ### LSCU News: ### Subscribe to Email Updates [Bank with Lone Star Credit Union](https://www.lonestarcu.org/member-services/become-a-member/) and benefit from a variety of financial services – including [checking](https://www.lonestarcu.org/banking/checking/) and [savings accounts](https://www.lonestarcu.org/banking/savings-certificates/savings-accounts/), [debit cards,](https://www.lonestarcu.org/banking/checking/debit-cards/) and [member discounts](https://www.lonestarcu.org/member-services/member-discounts/) – while enjoying great [rates](https://www.lonestarcu.org/resources/rates/) on [auto loans](https://www.lonestarcu.org/borrowing/auto-loans/), [credit cards](https://www.lonestarcu.org/borrowing/visa-credit-card-options/), [personal loans,](https://www.lonestarcu.org/borrowing/personal-loans/) and more.  [Dallas, TX](https://www.lonestarcu.org/about-us/locations-atms/dallas-branch/) | [Greenville, TX](https://www.lonestarcu.org/about-us/locations-atms/greenville-branch/) | [Terrell, TX ](https://www.lonestarcu.org/about-us/locations-atms/terrell-branch/) - [Disclosures](https://www.lonestarcu.org/disclosures/) - [Accessibility](https://www.lonestarcu.org/website-accessibility/) - [Complaint Notice](https://www.lonestarcu.org/media/1118/complaint-notice.pdf) - [Sitemap](https://www.lonestarcu.org/sitemap/) - 800.588.6928 - Routing Number: 311079869 © 2019 Lone Star Credit Union - All rights reserved. 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