The reason we didn’t budget our money varied from being lazy to not wanting to be controlled. I, on one hand, didn’t want to put in the extra time to track the expenditures. My wife, on the other hand, didn’t want to live within certain restrictions for things she wanted to buy.
Often times the choices we make and our spending habits cost us far more than a few bucks here and a few bucks there. It’s pretty simple, money has a magical power to grow and compound if you leave it alone.
A budget is a written plan that tells your money where to go. Writing down a budget helps you align your spending with your goals. With a budget, you will be able to know where every single dollar you make is going and prioritize.
