Thursday 16 June 2016

Budgeting

Charles Dickinson one said
“Annual income twenty pounds, annual expenditure nineteen—result happiness. Annual income twenty pounds, annual expenditure twenty-one pounds—result misery.”

Budgeting is an important part of being financially smart. Budgeting is an estimate of income and expenditure for a set period of time. Simplified budgeting means figuring out how much money you make, how much you need to live then saving what you don't need for a rainy day. This is a great way to start training to be financially smart and successful in the future.

2 comments:

  1. Good points, could be longer. I can really see something here but it would be better if you explain the points. I do like the quote and the points you made about them though

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  2. Great quote from an amazing author but how will you budget yourself?. You have a very good point "about" budgeting but how does that help the average Joe become a master planner for his future. More insight of what budgeting does would help me understand more about it.

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