USING A BUDGET TO HELP YOU SAVE for YOUR emergency fund
Keep a daily spending diary
A spending diary is the best way to find out exactly where you are spending (and squandering) your money.
The results may be surprising. At a glance, you will see where you are spending money that you could be saving. For example, take lunch to work instead of buying a sandwich every day.
You will need to know what you spend before you can budget.
Create a realistic budget
Creating a budget is a practical way to control your spending and to save money every month.
Once you have an idea of what you spend in a month, you can begin to organise your expenses into a workable, realistic budget.