Why You Should Keep a Budget

The reasons why you should keep a budget areyou need to consider a nickel, then a dime, quarter,
plentiful. By budget I mean a recode of expenditures,and so on.
not just a list of bills. It's easy enough to grab aImagine yourself throwing one quarter off of your
paper and pen, sit down and list your monthly bills.private yacht. Now, throw another, and another. Let
You need more though. You need a way to monitorme tell you something: If you continue throwing
every penny that ebbs into your financial scheme.those quarters overboard, it will not take that long
Most people would agree that they do not have anyfor your yacht to become a bass boat, then a
money to simply throw away. However, that iscanoe, and then you sink. Get it?
exactly what many of us do, daily.Sit down each day and tally up every penny that you
If you have financial goals, then you need to watchspent that day, every one. When done, look over
every cent that you have control over. You see,you day and ask yourself if you really needed to
that's the key: every penny that you control. Therespend the extra five bucks on the oversized lunch
are two key words here: "you" and "control". Thethat you didn't even finish. Not to mention the fact
"you" could not be any more direct in its implication:that it destroyed your "diet" for one more day. Think
there is X amount of money in your life. Likewisethat five bucks is the equivalent of twenty of those
"control" doesn't mean simple possession. You actuallyquarters that you should be saving towards that
have to intentionally control your pennies. If youyacht.
erroneously consider a singular penny worthless, then