It's far too easy these days to find ourselves spending on things we never intended – a bit here, a bit there, and there's nothing left to help us get ahead financially.
A budget (or money plan) is really just a simple plan for your spending. It can sound like a joy-killer at first, but it’s actually a big help in making sure you spend on what you really want. Essentially, your money plan:
- Helps you steer your money and stay confidently in control
- Shows what money you expect to receive and how you expect to spend it
- Helps you flow your money towards your goals
- Is one of the best tools for getting the most out of your money and getting ahead.
A budget helps us feel in control, instead of just wondering where our money went. It can mean the difference between being able to plan ahead versus always having to go into overdraft between paydays.