A lot of people want to start a budget but don't know-how. I was blessed into a family of budgeters, and because of that, I learned early on how to, so I will share tips on an easy way to budget. Now, Senator Elizabeth Warren popularised a rule of sorts in her book “All Your Worth: The Ultimate Lifetime Money Plan.” the rule is called the 50/30/20 budget rule. Basically, the rule is to divide after-tax income, spending 50% on needs and 30% on wants while allocating 20 % to savings. I don't follow this rule personally, but you can if you want to First, you need to work out how you want to set it out. Do you want to write it down on paper or on a spreadsheet? I find spreadsheets to be the easiest, but it all depends on you and your lifestyle. Next, work out how much you make a week/fortnight/month after tax. Really the method you use depends on how you get paid. I get monthly, so I base my budget on how much I make in a month, but if you are paid weekly or fortnightl