To Budget Or Not To Budget

Budgeting – To Be or Not To Be?

Lets be realistic. There are advantages to budgeting but it has its dull points. The trick is to maximise the advantages

Why Should We Budget/Advantages of Budgeting?

• Reduces stress

• Sense of control

• Build up confidence

• Helps us from going into debt

• Helps us deal with existing debt

• Working towards a goal can be really satisfying

Why Not?

• Its boring & time consuming – but satisfying when we see a way to way out of money troubles

• We have a fear of what we might find – its there and its better to face it and when we face it, we can overcome it

• We don’t know how – attend a Money Management session

• We don’t have enough money to budget – complete a budget template and you might be surprised where you can make savings

• We are not comfortable with Maths – Maths is a small part of Money Management and there are lots of tools to help