Exploring Budget Approaches

Lola’s Frugal Life Podcast

Budgeting is so important in being able to make sure that we are getting the most out of our money. Sometimes people think that if you are on a budget it means you are struggling. Budgeting helps you get the most out of your money regardless of your current financial situation. No matter your income level, it never feels good to not know what is happening with the money that you make. Using a budget allows us to see what we have available to spend and decide how we want to spend or save what is available after paying our bills. It also helps us decide if there are things we can cut back on to make room for something else. Sometimes we just get used to paying for something but might not think much about its value until we start digging into the budget. It is a great feeling to know that you are in control of where your money is going. If you don't like to feel like you are on a budget, call it your financial plan.

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