Tips for creating a budget and sticking to it.

Are you struggling to stick to a budget? You're not alone. In fact, according to a recent survey, only 41 percent of Americans say they follow a monthly budget. If you're looking to get your finances on track, creating a budget is a great place to start. Here are some tips for creating a budget and sticking to it:

1. Start by tracking your spending.

For two weeks, track every penny you spend. This will give you a good idea of where your money is going and where you can cut back.

2. Set realistic goals.

When you're creating your budget, be realistic about what you can and cannot afford. There's no point in setting a budget you know you won't be able to stick to.

3. Make sure your budget is flexible.

Life happens, and your budget should reflect that. Build in some wiggle room for unexpected expenses and don't be afraid to adjust your budget as needed.

4. Automate your finances.

Set up automatic payments for your bills and have your paycheck deposited directly into your savings or checking account. This will help you stay on track and avoid late fees.

5. Live below your means.

Just because you can afford something doesn't mean you should buy it. If you want to get ahead financially, it's important to live below your means.

Creating and sticking to a budget can be tough, but it's worth it. These tips will help you get started on the right foot and improve your financial situation. #budget