Personal Budgets

[jenbear09]

For me having a personal budget helps me put money in my savings account. I do sometimes don't stick to it because I have an unexpected bill. It is also helping little by little get out of debt too.

[pheinbaugh2]

i have a hard time sticking to one.

[zzzjoy]

We haven't followed a budget in a while.
We just pay bills and hope there is enough and so far we are doing ok.
It doesn't leave any room for savings doing this.
We keep talking about getting ourselves back on track but so far we haven't done it.

[bubble]

Originally Posted by Teleguy

freelance work, who of us want to work for corporate america accourding to latest statistic 80% of people will say that they want secure jobs working for somebody and earn money to company instead of working for their own and became freelancer!

We run our own family business, and I do miss the security of a definate weekly / monthly paycheck. We can sometime go for a month without making any money, so we have to budgert for those times, and also have a little something set aside should we become ill and are unable to work.

Budgeting is very important, but so is saving a little for those just in case moments that may occur.

[pheinbaugh2]

Makes sense. Just easier said then done.

[Creditguy]

People count on employer to give him-her check every Friday, what happen if Employer will not give you check on Friday instead of that wait till Next Thursday and then give you late check ! you won't say I quick this job and you can't find a job in one week? that the reason we should find second source of money!

[pheinbaugh2]

Easier said then done. I try. Ireally do but something always pops up and i'm back boobing with my head barely above water.

[lalit7552]

Thats why I make my budget and very strict to it ... also I account of my daily expenses so that at any point of time I can know where my money is going and where I have to be strict ... this really give you tension free life and you always at driving seat ...

Everyone should go with a budget plan ... key to success and saving ...

[nitinalbert]

One must have a personal budget to take control over the finances. Otherwise you will not know how much you are spending and how much you are benefitted with the spending you made.

[pranith]

Yes, what you said is correct. we need ot make an budget plan in order to meet our requirements so that w e can have a planned life and even secure.