Budgeting

A topic that really is close to
my heart, budgeting. It amazes me how people can month in month out not have a clue how much they spend and where their money goes, sad really, very sad.

How can you get a paycheck and not know what you want to use the money for? Do you know how much you require to pay all your bills, what’s the shortfall or savings you have after all bills are paid? There is no point in getting a cheque and have no clue where that money will go. Know where you money goes, once know it makes planning easy.

Prepare a budget, how much comes in, how much goes out what remains and what the savings are. Be practical, go and find all your bills, address every single penny that goes out of your pocket and mark it down. A budget should be what drives your pocket not your eyes. It something is not on the budget it should not cause money to move out of your pocket.

A budget should be the blueprint that
Allows money to either go out or be saved, you should never part with money when you have not planned it. Budget everything always. The easiest way to get broke is to live without a budget

Comments
One Response to “Budgeting”
  1. Tremendous things here. I am very satisfied to peer your
    post. Thank you so much and I’m having a look forward to contact
    you. Will you kindly drop me a e-mail?

    Like

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