CHASE MONEY SKILLS®
Manage your budget
Set goals, monitor progress and keep moving forward.
Why budgeting matters
A budget puts you in control — track your money, focus on what’s important and move toward your financial goals.
Build better habits
A budget can help you spend less of what you earn — and feel more in control.
Understand your spending
By tracking your expenses, you can monitor where your money is going, making it easier to avoid overspending. This means fewer surprises at the end of the month.
Reach your goals
Small changes to your lifestyle can have a big impact if you stick with them.
WHAT TO KNOW
Understand your spending
Discover what matters most
Before setting financial goals, it helps to understand the values that guide your decisions. This worksheet helps you identify what’s most important in your life and uncover the “why” behind your financial goals so your money can support the things that truly matter.
How to take control of your spending
Small habits can help shape how your money flows each month. This article explores the why behind spending and shares practical strategies to help you recognize triggers, curb impulse purchases and align everyday decisions with your long-term financial goals.
Balance needs and goals with 50/30/20 framework
The 50/30/20 budget rule can help you balance everyday spending with future goals by dividing your income into three categories: needs, wants and savings goals. Learn how this simple approach can make budgeting easier to start and easier to stick with.
MAKE A PLAN
Build your budget
Understanding your expenses is an important step in your financial journey.
Consider other ways to approach spending
Discover three simple tips to help you spend less and stay within your budget.
- Limit your small, frequent purchases. Use a pre-loaded card for things like coffees, eating out and ride-share cars to cut back on daily spending.
- Use life moments to your advantage. Milestones, like a birthday or even the start of a new month, are great opportunities to rethink your spending habits.
- Pre-commit when it comes to saving. The next time you expect a tax refund, bonus or pay raise, plan to save a portion of that money.
See the power of your spending choices
Use this calculator to understand the effect of cutting back on your spending. You can customize each category below by entering your own expenses.
Adult
Family
Let's create your budget
Understanding your expenses is an important step in your financial journey, and our monthly budget worksheet makes the process simple. Enter your recurring income and expenses to see where your money goes each month.
Before you get started, make sure you have:
- The latest bank statements for your checking and savings accounts
- Your recurring bills, including rent, insurance, mobile devices, utilities, credit cards, etc.
- An average amount you spend on variable expenses such as gas or groceries
Help your kids create a personal budget
Developing a budget with your kids early on can help them understand the basics of money. It’s an opportunity to encourage smart spending and to work with them to develop a trackable savings plan. Use our budget worksheet to get the conversation started.
MAKE IT HAPPEN
Tools to help stay on top of your money
Manage your spending and budgeting with Spending Planner
See where and how you're spending your money, create a budget and easily adjust from day to day with our self-service budgeting tool. It's part of the Spending Planner feature in the Chase Mobile® app and on chase.com.
- Create a budget for the spending categories that are most important to you.
- Track your progress throughout the month by comparing your spending to your established budget. Adjust your budget at any time and discover opportunities to save.
- Change the timeframe to view spending from previous months, and see if you stayed within or exceeded the budget for each specific month.
- See trends in your spending over time to make informed decisions about budgeting.
Get daily spending insights
Get a clearer picture of your financial life in just a glance with Snapshot℠ in the Chase Mobile® app.
Pay bills on time
Making on-time payments can help build your credit score. With Chase Online℠ Bill Pay, you can set up recurring payments, pay bills and transfer money — all from chase.com or the Chase Mobile® app.
Not a Chase customer?
Open a new Chase checking account today and start paying bills, transferring money and more — all from your mobile device with our Chase Mobile® app.
