![why do you need a budget why do you need a budget](https://images.ctfassets.net/e0bh0hjhcohh/6GwsfNgAhmB3g07PL6Fd3W/17cab8d1d137799d49cc112c28f0a46b/YNAB4.png)
I like my money to be there when I need it. The other way is needing it, and it’s not there. You are just telling it where to go, so you have it. It’s your budget and you get to make it fit your lifestyle. You’ve put some money in your Savings Account, and maybe you’ve given yourself some spending money to buy whatever you want. You have just told all of your money where you want it to go. I know what you’re thinking! I thought you said it was going to save me money, not make me broke? Don’t worry, that’s not what it means. The concept of the monthly budget after subtracting your income from your expenses is for it to equal zero dollars. You can also look at it as any money that is leaving your pocket (account) for the month. Your expenses include any money that you are going to spend for the month. Your income is the money you are going to make for that month, or you can look at it as any money that is coming into your pocket (account) for the month. We can break that down even further for those needing it. The concept is this your income minus your expenses. Budget BasicsĮach type of monthly budget is going to operate the same way, even though it may look different.
![why do you need a budget why do you need a budget](https://www-assets.youneedabudget.com/wp-content/uploads/homepage.jpg)
Well, not over a declined debit card anyway. No more angry looks at you from people in the store. You are going to have such control over your money, you’re going to love it. “Dang, that takes out all the excuses!” I would apologize for telling you this, but I know how much it is going to help in your life, so I’m not going to. There is something to fit everybody out there. There are spreadsheets you can buy or create.
#WHY DO YOU NEED A BUDGET FREE#
You can get Apps on your phone, some free and some for a price. There are written forms you can fill out every month. The important part is sticking with it and finding one that works great for you.
![why do you need a budget why do you need a budget](https://thesandyfeet.com/wp-content/uploads/2017/04/SouthAfrica_PanoramaRoute-667x1000.jpg)
Let’s face it, we are all different and what works for one family may not work as well for the next. There are many ways and formats to do this. I’m going to provide you information and resources to help you get this amazing freedom in your life! What is a Monthly Budget?Ī monthly budget is basically a spelled-out plan for your money for the month. You are in the right place, keep reading. These are all great thoughts and questions. Ok, well if a monthly budget can do all of that for me, what exactly is it? Maybe you have figured this out in your life already, and you know the importance of needing one, but you don’t know where to even begin. A monthly budget equals less money stress in your life. It helps pull you out of debt, makes sure your debit card doesn’t get declined, and allows you to become your own credit card company, helping yourself out if you ever need it. You ran out of money and that credit card company was easily there handing you a shovel, calling it help, as they watched you dig your hole deeper and deeper.Ī monthly budget becomes that freedom card to help you in your life. Maybe you, like many others before you, have fallen into the trap of debt. Another might be when you can’t pay a bill that’s due, or you can’t go out with your friends because your pockets are empty. One of the worst feelings is when your debit card gets declined at a store, and the clerk and everyone behind you are staring you down.