Having a budget can help you feel more in control of your finances and give you the opportunity to save money for your goals. Budget helps to manage your money, make smart decisions as well as plan for the future. To understand the simple ways to create a budget, you need to figure out the best style that works for you. With this, you’d understand where your money is going so you can make smart moves towards becoming financially stable. Here are the three wh-questions to ask in order to create a budget for yourself. What are your major expenses? Major expenses are the monthly needs you can’t afford to skip. Make a list of your fixed monthly expenses because it gives you an idea of the amount you’d have to spend every month from your regular income. Some expenses might include, rent, health insurance, car management, tuition fee, loan and utilities fee. So, try to subtract these expenses from your income. When you think of budget, you can consider this money as already spent. How do you budget for the basics? These are the basic needs of life, and expenses that vary from month to month. They are foods, transportation among others. You can reduce the amount you spend on the basics by learning some skills. For example, you can learn how to cook to help reduce the cost of eating out. When these are reduced a little, it helps you to reach your financial goals.