Whenever you are trying to buy something very expensive or trying to get the most out of your money, budgeting is very important. Budgeting teaches you how to be cost effective and make the most out of your money. Before I started the month of November, I had a November budget planned on how much I wanted to spend in each category. The planned budget for each category gave me a rough estimate of how much money I should be spending. Mostly all of the categories like food, transportation, and entertainment I met my budget either at it or under the budget. From my results, I learned that it isn’t very hard for me to meet my budget goals. I keep them realistic, and if I wanted to decrease spending more, each month I would just decrease my budget little by little in order to have a long-term effect. When it comes to managing money, budgeting is very crucial in any business or
Whenever you are trying to buy something very expensive or trying to get the most out of your money, budgeting is very important. Budgeting teaches you how to be cost effective and make the most out of your money. Before I started the month of November, I had a November budget planned on how much I wanted to spend in each category. The planned budget for each category gave me a rough estimate of how much money I should be spending. Mostly all of the categories like food, transportation, and entertainment I met my budget either at it or under the budget. From my results, I learned that it isn’t very hard for me to meet my budget goals. I keep them realistic, and if I wanted to decrease spending more, each month I would just decrease my budget little by little in order to have a long-term effect. When it comes to managing money, budgeting is very crucial in any business or