These monthly budgeting percentages are just a guide, and do not include debt payments. Debt payments will come out of your extra cash flow outside of your basic expenses.

You can create your own budget spreadsheet or use an existing template, which gives you more flexibility to meet your personal needs. After a free 30-day trial, Tiller is $79 a year.

Managing your cash flow can be a particularly difficult financial skill to master, according to experts, but doing so can give you the financial foundation you need for future success.

Home Retirement Retirement Planning Wealthy People Need Budgets Too: It's Called Cash Flow Management The power of understanding your spending is priceless. Successfully managing your spending and ...