What application is best for creating a budget?

Answer 1

There are at least two ways.

For example, if you work and have a regular income:

• Start with the maximum amount of money available in a period, then list the expenses that must be paid during the same period. Include savings and charity.

If you have an irregular income, or if you have unlimited access to funds:

• List your fixed expenses and your variable expenses and calculate how much you need during a period.

Answer 2

A variety of software can be used to create a budget including:

Simple text editors, Calculators, Databases, Spreadsheets, Reporting Tools, Operating Systems.

Examples:

Simple Text Editors: Notepad,

Databases: MySQL, MSSQL

Spreadsheet: Excel, Open Office Calc

Reporting: Crystal Reports, Cognos

Combined programs: Quicken, Home Budget, Personal Budget