Everyone creates a budget for money management.

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Making budget helps to estimate our business or income and expenses.

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Budget is an ultimate tool to determine what you can and can't do from financial position.

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But the question is what to prioritise when making budget.

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Firstly, take a look at your financial history and find the ebbs and flows from previous activities.

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Secondly, after that you should understand where you are today and how you got there

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Once you understand your vision , you can start with a few basic planning.

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Thirdly, gather data as much as possible to build history

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After gathering data determine the revenue , identity your goals , what you want to achieve

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Analyze all the data collection and understand your financial footprints

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Use all that knowledge to produce your operational goals

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Now execute the financial projections you set realistic , measurable and quantifiable goals.

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Finally, it's time to check and review the budget you made

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Compare the budget you made with your last year performance , is that what you hope for ?

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Be consistent , it will take some time to see results and always consistent on your goals.

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