Budgets. Yuck. Who Needs One!

Everyone. Period.

A budget is the tool to manage what we choose to do with the money that comes in and goes out to support our life.

After all money is about choice.

Do we spend some now, do we set it aside for a rainy day, or do we give some away today? We deal with choice in any decision we make that involves our money – most of our decisions.

To know which decision is best requires knowing what money is due to come in, what money is already spoken for and what money is left over, if any. That, simply put, is what a budget helps us understand.

The sad fact is that most people do not know how to build, stick to or just plain manage a budget. Just look around – do your friends do a good job with their budgets? How about your partner/spouse? Do you feel confident in your budgeting skills?

Most importantly, what are you doing to teach your kids how to budget wisely? Do tell!