A budget planner is a tool that helps you track your income and expenses, and create a plan for how to allocate your money. It can be a simple spreadsheet, a mobile app, or a dedicated software program.
Budget planners can be helpful for people of all income levels, but they are especially beneficial for those who are trying to get out of debt, save for a specific goal, or simply get a better handle on their finances. Using a budget planner can help you identify areas where you are overspending, and make changes to your spending habits to reach your financial goals.
