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If you are serious about managing your money, you need to start by creating a budget plan. This is one of the basic tools that you need to use in order to get your finances in order. According to an article published on PewTrusts.org, our expenses are key to the household balance sheets - but it is an element that is often overlooked. Sometimes, people focus on their income to determine their financial security. That is not entirely a healthy habit. You may have a 6-figure income but if your expenses go beyond that amount, you will always be in the red and your finances will never be secure. The same article from Pew Trusts revealed that for the past years, our expenses have grown way beyond our income. With the salary increase trailing behind the household expenses, you can be certain that we are more prone to overspend than in previous years. This is one of the main reasons why you need a budget plan. While a lot of people acknowledge that this is an important habit to develop in financial management, not everyone does it. Apparently, some people find it hard to create and maintain a budget. The truth is, budgetingcan be tedious at first. You need to monitor your actual spending so you can determine how you will create your budget. Once you have an idea about your spending behavior, you can easily point out how you can improve your financial position through budgeting. What you have to understand is that there are a lot of strategies that you can use to make budgeting easier. There are complicated budget plans but there are also simple ones for those who do not have the time nor patience to commit to a budget. One of your options is a percentage-based budget plan.