Be careful using a budgeting app on public Wi-Fi — You should never check your bank account or use a budgeting app over unsecured public Wi-Fi — it’s just too easy for hackers to see everything you’re doing.

Four Uses of a Budget

• Track Expenses. It is easy to forget where you spent that extra money last month or realize just how much you are spending on certain expenses.
• Set Limits. Budgeting allows you to set limits on your spending.
• Reach Goals.
• Build Wealth.

The Budget is prepared through a calculative process between the Finance Ministry and the spending ministries. The Finance Ministry issues guidelines or communicating instructions to spending ministries while spending ministries plan and present requests for Budget allocation.

The 8 Best Personal Finance Apps of 2021

• Best Overall: Mint.
• Best for Debt Payoff: You Need a Budget.
• Best for Wealth Management: Personal Capital.
• Best for Managing Subscriptions: Clarity Money.
• Best for Bill Payment: Prism.
• Best for Shared Expenses: Spendee.
• Best for Budgeting: EveryDollar.
• Best Visuals: Mobills.

The basic version of Wally is free and its premium platform, Wally Gold, is free for 2020 if you link an account to the app . Wally Gold offers categorized budgeting, daily tracking, payment notifications and group features, including the option to export group data.

Assembling Your Home Budget Categories

1. Housing (25-35 percent)
2. Transportation (10-15 percent)
3. Food (10-15 percent)
4. Utilities (5-10 percent)
5. Insurance (10-25 percent)
6. Medical & Healthcare (5-10 percent)
7. Saving, Investing, & Debt Payments (10-20 percent)

Use these tips to easily organize your tax information:

1. Designate an easy-to-access place for tax documents. If the place you want to keep documents isn’t easy to get to, it won’t get used consistently.
2. Group tax documents by category.
3. Find last year’s return.
4. Start worksheets and lists for 2020.

Folders, files, and storage cabinets are great ways to keep receipts safe and accessible. Include the types of receipts on the label of the folder. For example, you may dedicate a folder to company vehicle-related receipts. Consider organizing the files in your cabinet in alphabetical order so they are easy to find.

Learn to categorize your expenses so you can get the full tax benefits of your deductions.

1. Create a category for advertising.
2. List vehicle expenses.
3. Make a section for commissions and fees.
4. Designate a category for depletion.
5. Make a section for depreciation.
6. Deduct employee benefit programs, such as insurance.

Here are the steps to take:

1. Step 1: Choose A Place And Storage Solution To Store Your Home’s Files.
2. Step 2: Get Rid Of Paper Clutter In Your Current Filing System If You Have One.
3. Step 3: Create Your Home Filing System And Organize Files.
4. Step 4: Purge Some Of Your Files Annually To Keep Paper Clutter From Taking Over.

7 Steps to Organizing Your Papers Like a Pro

1. Step 1: Determine Where Your Papers Should be Stored.
2. Step 2: Purge Your Existing File System.
3. Step 3: Collect all your loose papers.
4. Step 4: Gather Filing Supplies.
5. Step 5: Sort & Label.
6. Step 6: Handling the Action Papers.
7. Step 7: Weed out & Maintain.