Sunday, April 15, 2012

Benefits of Budgeting

Sometimes a little organization goes a long way. Read the basics on why a budget is a good thing.

7 comments:

  1. This article pointed out a lot of helpful facts that I never thought of, It makes me think about how I might handle my money in the future when I'm actually making some (or trying to) and how I'll be able to manage it. I don't think I'd actually ever go on a budget though....strangely enough haha

    Julie S. Shin
    period 5

    ReplyDelete
  2. After reading this article, I think budgeting is definitely important. I never knew or realized a lot of the opportunities it offers, and I think more people should think about doing this if they don't already. I thought it was really interesting how it discussed how it can provide you with more money because you can end up with extra money you didn't have before and you can put it in a savings account to build interest, which is a great idea. It seems like it can help you be a lot more financially stable also. Jake, period 5

    ReplyDelete
  3. Budgeting is something I have always struggled with, but I know that budgeting is extremely important, especially because I dont have a steady job. Budgeting is essential to making sure that you dont spend your money on things you dont need, such as a new iPod or more clothes. Organizing your money can really save you a lot of trouble in the long run when you have to pay your bills and taxes.


    Daniella C. pd 5

    ReplyDelete
  4. after reading this article it made me realize how important money is and saving your money. It is one of the biggest aspects of your life and what you are given and where you end up living. Having a good amount of money being saved will make your life a little less stressful and easier, especially when you get older and ready to retire. Having a good amount of money and a good job will make less fights with you and your spouce. Having budgets will keep your organized and make give you that extra money you have never had before.

    Maria D. period 5

    ReplyDelete
  5. I think this was a good article because it helped realize the benefits of budgeting. Budgeting can help me control my money spending and income. Also, budgeting will help me resist from buying unecessary things. I think teaching your children to budget will help them in the future and help their parents save their money.
    -Samantha C.

    ReplyDelete
  6. Budgeting you money is always a good thing to do because you never know when you need money. There can be an emergency that you need to take out 1,000's of dollars and you won't have enough because you were not budgeting your money at all. It is very hard to budget your money especially for teens but it is very important. You never know what can happen.

    Jon Period 5

    ReplyDelete
  7. RENE SINGH PERIOD 5

    Having a budget is a really smart idea. Personal budgeting helps you know where your money is going and what you should and should not spend it on. Making a budget helps you plan out your short and long term goals. Creating a budget is a long term goal to help with your finances. Not only does having a budget help you gain control but it helps you spend your money over what you need and what you want. With a budget, you are better off not being in debt because you know where the money you are making is going, and how much you have left to spend. Many families and couples fight because of money. If families have budgets it opens communication. If two people work together and decide what to spend and not to spend, this makes life much easier. Budgeting offers opportunities with finances also. Saving money could help you in the long run. Having a budget will make things such as purchasing a house or paying off a mortgage much easier.

    ReplyDelete