Budgets are a valuable money management tool. Even if you’re happy with your financial health, budgets can keep you from slipping into bad habits. They can even help you save a lot of money. If you’re struggling to make ends meet, budgeting is an excellent way to get control of your spending.
If the word budget makes you think of never-ending columns and rows, don’t worry. There are budgeting methods that make it easier to manage your finances once a budget template is in place. There are even budgeting apps for your smartphone that can keep you on track.