Yep, we're talking about the "B" word. Budgets get a lot of hate sometimes — but I'm here to tell you there's nothing more empowering than creating a budget. Not only will it set you up for better success, improving your credit and savings, but it's also a powerful way to make your money work for you. 

So, check out these four helpful budget hints that will get you speeding toward your homebuying dream.

How to create a painless budget

1. Add it all up

First things first, you have to know how much money is going out every month. So make a list of your monthly, annual, or otherwise expenses. Include fixed expenses like rent, car payments, phone bills, and variables like gas and groceries.

 2. Determine your income

Now that you have a clear idea of what expenses you are working with, it's time to see what you make. Include salaries, bonuses and any side gigs that contribute to your overall income here.

 3. Set a goal

Once you know the difference between your expenses and income, it's time to create a plan of attack! Is the goal to get out of debt, save up for a down payment, or build up a war chest of savings? 

Write it down and prepare to:

 4. Take Action

Now comes the fun part…put your budget to work! And yes, I do mean fun. Nothing is as satisfying as seeing your dreams coming true and the goals you set drawing closer. 

Your roadmap to homeownership

A well-planned budget is your road map to success. Follow it well, and your homebuying dream could become a reality (faster than you ever imagined)!