This article is written like a manual or guidebook. (September 2018) (Learn how and when to remove this template message)
This article possibly contains original research. (September 2018) (Learn how and when to remove this template message)
A personal budget or home budget is a finance plan that allocates future personal income towards expenses, savings and debt repayment. Past spending and personal debt are considered when creating a personal budget. There are several methods and tools available for creating, using and adjusting a personal budget. For example, jobs are an income source, while bills and rent payments are expenses.