Retirement Blog

It’s Time to Create Your 2022 Budget

January 13, 2022


Now that you’ve conducted your spending analysis for last year, it’s time to focus on 2022.

Creating a spending plan is a great way to help you control your finances. You can add peace of mind knowing where your money is going.

Complete the same monthly expense categories as last time for the new year.

  • Rent/Mortgage
  • Insurance
  • Transportation
  • Utilities
  • Food
  • Entertainment
  • Clothing
  • Emergency Fund

This time you should find areas where you can spend less than you did last year if possible. Could you spend less on eating out? Maybe you could cut down on utilities? Start by creating financial goals for this year and determine ways your budget could help you accomplish those goals.

Remember that we are here to help!