Your budget is the key to the success of your financial plan. Your budget will let you see how much extra money you have to set aside for these goals. It will identify problem areas when it comes to spending or it may show that you are not making enough to reach these goals. This will let you fix these problems and make adjustments so that you can pay down your debt and start saving for the future. It makes a huge difference in rather or not you can reach those goals. If you need help budgeting, you should consider using software like YNAB or Mint that allows you to track your expenses and set goals for yourself.

You may also consider taking a budgeting class that will work with you to set up a realistic budget for your current situation.