How Do I Plan A Personal Budget?

First of all break down the dates of when you will get paid and how much money you will have for that month.
Then put aside lets say $65 out of your monthly expected income.
Next calculate how much you usually spend on groceries and how many times a month you buy them.
Depending on when you will need to spend the money on grocery’s and your bill is when you would deduct that much from each weekly pay.
For example if you got paid on the first of the month and you phone bill isn’t due until the end of the month then wait until you last weeks check to pay that.
Also I would recommend budgeting out money for gas and a small amount into savings for emergency’s.
As for spending money, I would wait until right before you next check to spend whatever you have left over or just go by how much you have left over after calculating out your weekly necessary bill pay.

Money Magazine will be happy to help you. Here’s the web site to Money 101 which provides 26 lessons on personal finance. Lesson 2 is all about budgeting.http://money.cnn.com/magazines/moneymag/…