Money- Budgets

What is a budget?

A budget is a money plan. It is like a blueprint of how much money you earn and how and where you spend it.

Why should I budget?

Whether you have a lot of money or just a little, a budget can help you in many ways:

If you have a budget and stick to it, you will be less likely to blow your money during random daily spending.

A budget can help you reach a financial goal because it controls how much you spend and how much you save.

Budgets can help eliminate many money surprises because you’ve planned ahead and know what to expect each month.

Even though you’re young, you can start budgeting now to get yourself into the habit.

Budgets help you see exactly where your money goes.