What is a Personal Financial Budget?
budget – noun. An estimate of income and expenses
over a set period of time. “I am going to stay within my personal budget”. Verb.
To allow or provide a particular amount of money in a budget. “I am budgeting
for my future goals and dreams”.
Let me add another definition
for you; budget – noun. A plan for your money. “I am going to
budget for a new car in 3 years”.
A budget is simply a plan for your money. The more detailed the plan (budget), the more likely you are to achieve your financial goals and dreams. Chances are, you will live a long life and you will need money the whole time. It’s time to make a plan for those needs and start your journey toward your...