Estimate of costs, revenues, and resources over a specified period for a specific individual that is used to properly plan for known current and future financial items. To create a personal budget, an individual will usually take the following steps: 1- Identify how much money will be received during the budget period, 2- Evaluate all possible expenses, and 3- Plan accordingly so that he/she stays with the budgetary restraints established.  "During these tough economic times, Paul has started following a personal budget in order for him to remain financially stable."
Related information about personal budget:
- Personal budget - Wikipedia, the free encyclopedia
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 Budget worksheet form for setting up your personal budget.
 
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- Personal Budget Spreadsheet Template for Excel
 Download a free Personal Budget Spreadsheet template for Excel - Easy to Use -   A great way to get started on your personal budget.
 
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 Manage your budget with easy to use personal finance tools and calculators.   Track spending and monitor your online banking account. Free to get started.
 
- HowStuffWorks "How Personal Budgets Work"
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