budgeting is the process of creating a plan for managing your finances, by estimating and allocating your income and expenses over a specified period of time, such as a month or a year. the purpose of budgeting is to ensure that you have enough money to cover your expenses and to help you achieve your financial goals, such as saving for a down payment on a house, paying off debt, or building an emergency fund. a budget typically includes a list of all your income sources, a list of all your expenses, and a plan for how much you will save each month. this book will teach you how to create a budget, track your spending, categorize your expenses, and determine how much money you need to cover your basic needs and financial goals. you’ll also learn how to regularly review your budget and make adjustments as needed to ensure that you stay on track.