Student Talk

The "Can I really stick to the budget?" face 😆  For some, budgeting seems useless, because already the money is not enough. That's exactly why we should budget: to make sure that we take care of our needs and priorities first before using the money in luxury or wherever we want to use it. Of course, one the solution is to have more than one source of income. That does not necessarily mean 2 jobs, unless you have the grace for that I suppose. But for now, let's look into the benefits and ability of being able to stick to the budget with your current income. Benefits of budgeting Benefit 1: Budgeting helps to know exactly how much you can spend - what your limit is, so that you avoid spending to the extent of being left with almost nothing before your next income. I mentioned on the earlier blogpost on this topic, blogpost 18: Financial education: budgeting  , that it helps to budget a little more than the exact amount of the expense. We all know more or le