How can I set budget limits for my expenses?
An example of an AI chatbot conversation about setting budget limits for expenses.
How can I set budget limits for my expenses?
To set budget limits, start by tracking your income and expenses. What categories do you want to budget for?
I want to budget for groceries, entertainment, and savings.
Great! How much do you spend on average for each category per month?
I usually spend about $300 on groceries, $150 on entertainment, and I want to save $200.
Based on that, you can set your budget limits to $300 for groceries, $150 for entertainment, and $200 for savings. Would you like tips on how to stick to these limits?
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