Being Budget Friendly

Being Budget Friendly | Guild Mortgage

Setting up a budget is a great way to understand your expenses and decide whether you’re ready to buy a home. Starting to set up a budget may seem difficult. We’ve developed some quick steps to help. First, gather several months of pay stubs and receipts. Second, determine a time frame. For example, does it work better for you weekly, bi-weekly or monthly? Then, you can decide how to track your budget, which categories to include and what amounts to allocate to each category. We encourage you to track your income and revisit your budget often.