Do you feel a bit chaotic when it comes to managing your money? You're not alone. The key with budgeting is to start out with some goals. When it comes to budgeting, it's important to find a method that works for you. Whichever budgeting system you choose, it can be really useful to spend a couple of weeks doing a money diary, where you list everything you spend — from big bills to coffees. Three common budgeting methods are the cash envelope method, the balanced money formula, and a traditional budget. This video contains general information only. It should not be relied on as finance advice. You should obtain specific, independent professional advice from a registered financial planner in relation to your particular circumstances and issues. Read more here: https://ab.co/3oZzC9h RESOURCES National Debt Helpline https://ndh.org.au/ ASIC’s Moneysmart https://www.moneysmart.gov.au/ Good Shepherd Microfinance No Interest Loan Scheme https://goodshepherdmicrofinance.org.au/services/no-interest-loan-scheme-nils/ For more from ABC News, click here: https://ab.co/2kd3ALi You can watch more ABC News content ad-free on iview: https://ab.co/39iq2Xt Subscribe to ABC News In-depth: https://www.youtube.com/c/abcnewsindepth For breaking and trending news, subscribe to ABC News on YouTube: http://ab.co/1svxLVE You can also like us on Facebook: http://facebook.com/abcnews.au Or follow us on Instagram: http://instagram.com/abcnews_au Or even on Twitter: http://twitter.com/abcnews