Step 5: Create a Budget for Financial Independence from Your Parents

You've made it to Step 5! Congratulations. At this point, you're likely feeling quite smug about your newfound financial awareness.

Track your expenses. Like, really track them. Use that app your parents are always telling you to use. Next step: Monitor your Spending
Set financial goals. Like, actual goals. Not just "buy a new video game" goals. Next step: Create a Long-term Plan (a.k.a. The Adult Plan)
Make a budget that actually works. Like, one that you'll stick to. No promises, though. Next step: Find a Job that Won't Drive you to Insanity

Here's a basic example of what a budget might look like:


		Income: $1,000
		Expenses:
		* Rent: $100
		* Food: $200
		* Entertainment (Video Games): $300
		* Other (Spare Change): $400
		Balance: -$500