“Whether it’s on an Excel sheet or an app like You Need a Budget (YNAB), Monarch Money or EveryDollar, the goal is to understand your expenses,” Cisneros said.
“Whether it’s on an Excel sheet or an app like You Need a Budget (YNAB), Monarch Money or EveryDollar, the goal is to understand your expenses,” Cisneros said. “This will give you the amount you should set aside as an emergency fund. Once you’ve laid out your finances, you can set aside a monthly amount to save and invest responsibly.”