Hey, my name is Remecia and today I'm going to talk to you about budgeting!
OH NO! I don't have enough money, I should've planned better and now I'm late.
This is Tom, It's his first day on the job and he has no suit. Tom waited until the day of to get his suit and realizes that he has no money. He didn't put any money to the side and spent all the money in his account. Don't be like Tom, DO BETTER.
This is Sam, he has 2 kids and he spent all of his money on toys. Instead of taking some out of his bank and using cash. He took his credit card and maxed it out and now he has a bad credit score.
This is Patricia. She has no money and only food stamps for her and her baby. She is going to be a single mother and no one will help her. Instead of saving money for her and her baby, she spent the money on drugs. Baby + Crackhead Mom= Single Mother. Don't be a patricia, get your priorities straight and SAVE MONEY.
This is Shaun, he seen a new 2019 car. He wants it so bad, but he has to save money so he can buy a house for him and his family. He has no budget. He realized that he didn't need the car and instead, he bought the car and now him and his family is living happily in their new home. BE LIKE SHAUN, don't be tempted by things you don't need and that's the best way to save and budget.
As you can see, there are many consequences to not budgeting or saving. They can be good or bad, In life you need to plan everything and save money. Watch what you buy and even write down what you purchase, and DO NOT give in to temptation.