Budgeting: Why a Budget is Important

The truth is, most people do not use a budget. They may create one, write it down, but not stick to it. Others think they are too broke to budget, or they have family that pays for everything, so budgeting does not matter. However, a budget can help everyone! 

Since a budget is just a blueprint for how you spend your money, no matter how much money you have or where it comes from, a budget will help you keep better track of what you are spending. It can help you figure out where to cut costs to reach your financial goals, or it may help you see that you could be saving or investing more than you currently are.