BUDGETING

Budgeting



Budgeting

Introduction

Controlling your financial affairs needs a budget. For numerous persons, the phrase "budget" has a contradictory connotation. Instead of considering of a budget as financial handcuffs, believe of it as an entails to accomplish financial success. Whether you make thousands of dollars a year or hundreds of thousands of dollars a year, a budget is the first and most significant step you can take in the direction of putting your money to work for you rather than of being controlled by it and eternally dropping short of your financial goals (Dyson, 1998).

In one sense, budgets are agreements every ...