It’s very obvious question comes in every person’s mind- why should I make a budget?
When every thing is going smooth in your life from house, education, car, cloth, food, and other accessories then why budget.
Let’s play a game. You have to follow the rules and instructions of the game to be a winner.
How much money you get as your salary count it.
Maintain a diary to write each expense in it, done by you this month.
You have to write about each and every penny you spend this month.
Now, at the end of the month sum up all the expenses that you spend on your daily need and spend on other unusual or unwanted things. Make total of them separately.
Now multiply total with 30 days and then 12 months, you shocked to see that how much money you could save per year.
After this exercise you can understand- why budget is necessary?
Straying of money is in your hand, drive your money smoothly. If you drive it without any direction or path you may loose control and cause accident in future.
To save you future, your house, and kids-budget your money!
Prepare short term and long term budget with your spouse to secure your future and save money to grow money out of money.
Budget for every small thing; divide your money in small parts more or less for each necessity of your life.
Remember don’t forget to keep budget for the entertainment- that’s necessity of life!
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