video1.0<iframe src="https://www.loom.com/embed/65332607727e4bec90a8bc783cef89ee" frameborder="0" width="1204" height="903" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>9031204Loomhttps://www.loom.com9031204https://cdn.loom.com/sessions/thumbnails/65332607727e4bec90a8bc783cef89ee-00001.gif245.23333333333326In this video, we will cover two major items: recurring transactions and creating your first budget, also known as the plan. We will start by reviewing recurring transactions and making sure they are labeled correctly. Then, we will move on to planning for next month's expenses, starting with organizing your income and expenses into groups. I will provide recommendations for keeping your expenses simple and explain the concept of fixed, flexible, and non-monthly expenses. Finally, I will show you how to add additional categories if needed. No action is required from you, but this information will help you stay ahead of your spending and avoid overspending.