Ntiyakama
Member
- Sep 19, 2021
- 32
- 37
A budget create a plan on how to spend your money, this spending plan will allow you to determine whether you will have enough money to do what you need.
Actually money isn’t enough always, since you can’t have enough of it to do everything, thus, you need a planning process which will prioritize your spending and focus your money on the things that are most important to you.
“Don’t buy anything you see, only because you have sufficient money to do so; plan before; what are you going to buy”
A clear spending plan will ensure that you always have enough money for thing you need most and those which are most important to you and your life goals.
Make sure you have a daily budget, weekly one and the budget for the whole year; this will give you a clear picture of what you can serve after all your expenses and decide what you can do with it.
Having a budget is one thing but adhering to it is another thing which is most important than the first one. Budget is of no use if it doesn’t guide your real expenses.
Actually money isn’t enough always, since you can’t have enough of it to do everything, thus, you need a planning process which will prioritize your spending and focus your money on the things that are most important to you.
“Don’t buy anything you see, only because you have sufficient money to do so; plan before; what are you going to buy”
A clear spending plan will ensure that you always have enough money for thing you need most and those which are most important to you and your life goals.
Make sure you have a daily budget, weekly one and the budget for the whole year; this will give you a clear picture of what you can serve after all your expenses and decide what you can do with it.
Having a budget is one thing but adhering to it is another thing which is most important than the first one. Budget is of no use if it doesn’t guide your real expenses.