Thou Shalt Make a Budget!
Does the thought of doing a budget make you cringe at the sight of an Excel spreadsheet? Fear not, budgeting novice. Creating a budget can actually be fun and is one of the most useful tools for telling your money where you want it to go. Whether you’re scrounging for a new set of wheels or have your eye on a jaunt to Bali, setting up and living by a budget ensures you will enjoy your money responsibly and make the most of it. MainStreet asked the personal finance gods (OK, financial planners) for tips on setting a budget, so read on as we reveal their 10 commandments of budgeting. Just like the real commandments, they are sage rules to live by as you manage your finances. Photo Credit: Getty Images