<human>:  I need advice on how to create a budget.
<bot>: Creating a budget can be a daunting task, but it doesn't have to be. Start by listing out your income, from after-tax paychecks to investments and anything else you receive. Next, list out all your regular expenses and make sure to include unexpected ones, such as auto repairs and medical bills. Review these lists and calculate your total income and expenses. Calculate the difference. If your income is higher, you can use the excess towards savings goals and other non-essential items. If your expenses exceed your income, you'll need to reduce your spending and increase your income. Once you have a balanced budget, review and revise it regularly.