The Benefits of Budgeting
A personal budget is a plan for the coordination of
resources (income) and expenses of an individual or household.
There are many different methods of creating a personal budget,
for example, the 50/30/20 budget, they pay yourself first method, the
sub-savings account method, the envelope method, and zero based
budgeting. It's important to choose the method that works best for you.
Regardless of the method you choose the benefits remain the same.
Learn more here.
A personal budget can:
- Help you gain control of your finances
- Help you achieve your goals
- Keep you honest
- Improve your habits
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Help you avoid debt and improve your credit
Happy Budgeting!
Coded by Lindsay Evans