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How to Live Within A Budget

How to Live Within A Budget

How to Structure a Personal Budget

Today we are going to look at budgeting and how to create a budget for yourself.  The first task is to  assess your Wants and your Needs.  This task is always a really difficult part for anyone starting out.  When I’m dealing with couples, they often tend to disagree on the Wants. They often feel some of the Wants are their Needs, so it’s important to agree on your list before going any further. Once you have reached an agreement on Needs and Wants the next thing you will need  is the past three months of your bank statements so you can look at  your recent spending patterns…  

Watch this video to see how to, step-by-step, create a budget structure that you can use!

The KMPC team specializes in helping companies grow via strategic financial management practices. Since 1993, KMPC has been helping businesses in Whitby, Oshawa, Ajax, Durham Region and the Greater Toronto Area (GTA) to reach and surpass their profit goals.

If you would like to speak to us regarding  Business Accounting, financial  retirement or tax planning, tax returns, bookkeeping or any of your other  please contact us anytime – we’d love to chat with you.

KMPC– Chartered Professional Accountant, CPA 11 Stanley Ct, #13 Whitby, ON L1N 8P9  (905) 666-5071 

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