Why is a Budget important?
A budget helps create financial stability. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home. You can’t reduce your expenses without first figuring out how exactly much you earn and spend each month. A budget helps you to monitor and evaluate your expenses so that you can remove or reduce unnecessary ones. Use the attached budget sheet to work out your budget.
Overall, a budget puts a person on stronger financial footing for both the day-to-day and the long term.
Use our budget sheet below and downloadable from Resources tab to capture your income and expenditure and start getting control of your finances
