Manage your money and build wealth

Do I Really Need a Budget? Really?

For many people, one of the first steps towards financial security is creating a budget. The budget includes how much income they bring in and then lists all their expenses and payments. A successful budget will allow enough leftover to pay down debt or save, allowing people to get ahead.

But creating and maintaining a detailed budget takes time and energy. For most people, it’s well worth the effort. But does everybody need to do this exercise? Is the budget a useful, a necessary tool for everyone?


Don’t miss my next article

Subscribe here to get new content delivered directly to your inbox

Share your thoughts