Budgeting is something that many of us avoid, but know we really should do. It's a bit like exercise, only exercising you can make somewhat fun (think Zumba!)...

Being aware of what is coming in and what is going out each month is part of it. Forecasting is important also. Many accounting systems will try and help you with this, however, the budgeting side doesn't connect in with your personal budget.

This episode takes you through the principles behind how I do this.

To watch this episode on YouTube: Click here.