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What is budgeting?
Budgeting is the most basic and the most effective tool for managing your money. Yet, most people avoid doing it because it is additional work.
What budgeting actually does is clearly show you how you allocate your money and present you the choices on what stuff to enjoy – based on your financial limitations
The benefits of budgeting is you control your own money and the way you spend and save
They set their own money goals because they spending unnecessary money.
Partys cost money because they have to buy decorations for the party and that's a lot
With budgeting, you are clear on what money is coming in, how fast it goes out, and where it is going to.
Budgeting saves you from wondering every end of the month where your money went. A budget enables you to know what you can afford, take advantage of buying and investing opportunities
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