Budgeting Expenses

Creating a Budget

How important is having a goal in mind when we decide to create an expense budget?

It is very important to have a goal in mind, because by visualizing the goal it makes it much easier to check our progress toward that goal and measure our progress, both positive and negative. Having the end prize in mind, whether it is an amount or the actual physical item that you would like to purchase, makes the goal more tangible and, in the end, more easily attainable.


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