Personal finance is managing your money to achieve specific financial goals. This may include saving for retirement, investing in a property or business, or simply ensuring enough cash flow to cover your monthly expenses.

Budgeting refers to creating and following a budget to reach your financial goals.

This may involve cutting back on unnecessary expenses, finding ways to earn extra income, and setting aside money each month to save for your future.

Creating a personal finance budget can be a helpful way to handle your finances and make progress towards your financial goals.

By taking the time to understand where your money is going and setting realistic goals, you can put yourself on the path to financial success.