Budgeting Revisited

Budget Workbook Available at
http://tinyurl.com/DanDahlen or http://tinyurl.com/TeamWarzon

       

Text From Video
Money Saving Minute #045 – Budgeting Revisited

 

Everyone should use some sort of a budgeting tool.  Budgeting is the roadmap that leads to financial confidence.  Following a budget puts you in control of your money instead of letting your money or debt control you.  If you have a significant other, a budget will help you both to avoid spending mishaps that cause arguments.  By using a budget you can create an emergency fund so you won’t be left wondering what to do when something unexpected happens.  Budgeting also helps people to be more price conscious when shopping as well as pay more attention to how resources such as water, electricity, and gas are used around the house.  A budget can also help you get out of debt and help you money save money for the future.  Simply put, having a monthly budget in writing will help you track your money which will help you save your money.