The word “budget” has practically become a dirty word in our consumption-crazy culture, but a monthly budget is an important component of a good financial plan. The reason it’s so important is because it provides a spending plan for your money before you spend it. When you have a budget, you can easily determine where you’re spending too much and make adjustments to free up cash for important things like investing for retirement, building up a savings account, or paying off debts.
Creating a budget is a pretty simple process, but it does take a little investment of your time. [...] Continue Reading…


