If you’ve spent any time at all learning about personal finance, you’ve likely heard that you should be creating and following a budget. But for something that seems like common wisdom, far too many people avoid drafting a budget — and usually not for a good reason…
I’ve owned and managed businesses for over a decade and been around business owners for even longer than that. Some businesses drown in paperwork while others exist with a debit card and a wallet full of cash. One business can produce copies of a year’s worth of receipts in minutes while the other needs hours at the bank just to generate a summary…
Budgeting is a great way to plan your income and expenses over a period of time to keep spending in check. This can help you tackle debt or save to achieve your financial goals.
By looking through your expenses you may be able to find better ways to spend your money. You might also be able to cut some expenses…