The Importance of Budgeting
How many times have you tried to create a budget and stick to it? It’s something that’s so difficult for so many people, so it can be tempting to stop even trying. But before you give up… know that budgeting can be critically important to ensure your financial health and stability. There are concrete ways to make a difficult thing more manageable (and maybe even fun)! Why is budgeting so important? Tracking your expenses helps you control your spending, and save more money. When you manage your finances without a budget, there really isn’t anything preventing you from spending beyond your means. You may have a general idea about how much money you spend on certain things, but without actual (accurate) numbers, it’s easy to let your spending habits get out of control. When you live on a budget, it’s much easier to see where you may be frivolously overspending, and when you can see waste that can be eliminated, you now have an ability to put that “extra” money into savings that yo