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Anyone can create a budget, but the key to successful budgeting is creating a budget you can stick to. Your budget will help you designate portions of your income to specific tasks or categories to help you reach your financial goals, but you will only reach those goals if you are able to stay within the spending limits in your budget. There are three main steps to complete to create a budget you can stick to. Here is how to complete those steps. Feeling overwhelmed by your finances? This simple, printable budget planner makes it easy to track where every dollar goes. Download it free now!   Step One: Identify Spending Trends The first step in creating a successful budgeting plan is to identify trends in your spending. This allows you to determine where your money is going and whether it is being put to the best use for your financial security. People who have never budgeted before often find they are wasting far more on frivolous spending than they thought and can adjust their spending to more reasonable limits once they see the limits in writing in their budget. The best way to identify trends in your spending is to track it for two months and categorize your transactions into categories like home, transportation, utilities, groceries, and so on. This can be tedious to do by hand, and several online companies will handle this for you if you provide them with your transaction information. Step Two: Establish Financial Goals After you have established where your money is going now, it is time to figure out where you would like your money to be going in the future. Establishing financial goals gives you a reason to save more and encourages you along on the path to increasing your net worth. Great goals to aim for include creating an emergency fund, saving for a vacation, saving for a down payment for a car or home, or saving for retirement. Once you have decided on a couple of goals to reach for, it is time for the third and final step. Step Three: Assign Amounts to Your Spending and Saving Categories Create your final budget by assigning varying amounts of your after-tax income to the various spending and saving categories you established in the first two steps. The goal is to keep your spending below 90 percent of your income and your savings above 10 percent of your income. It is important to leave some flexibility in the budget to account for weeks where spending in one category is heavier than in other weeks and for minor unexpected expenses that arise. At the end of the day, you will have a budget that can guide your spending and help increase your financial stability for the future.   Read More: Setting Up Your Savings Ladder  The 9 Best Budgeting Apps To Make Managing Your Finances Easy  The 4 Golden Rules of Money Everyone Should Follow  Creating a Budget You Can Stick