Yay my first paycheck! I think after all of my hard laborious work I deserve a few luxeries.
Wow! Check out all of that nice furniture for sale! Luckily with my new paycheck I should be able to buy this nice stuff.
A few days later...
Hooray! Now that all the nice furniture I ordered has arrived, this place is actually beginning to look nice!
Man, I am hungry. I suppose I better go down to the grocery store, but first I should see how much of my paycheck I have left.
A few minutes later...
Oh No! I blew off all of my money on this useless furniture! How am I going to survive for the rest of the month? How do I pay for groceries, my rent, more clothes, and other basic needs? I need to call my dad, he will know what to do!
Dad I just blew off all of my money on furniture now I cannot afford anyhthing!
Oh, I wish I had know that earlier. Thanks, bye.
Ummm... What's a budget?
No wonder you got into this mess. A budget is a spending plan for your money. An ideal budget is one that puts needs before wants. The goal is to not go about spending more than the amount you make.
Well, maybe if you had a budget you wouldn't be in this mess!
If only I had known about budgeting earlier I wouldn't be in this horrible mess!