Why Do I Need a Budget

Released on = April 15, 2006, 2:51 pm

Press Release Author = Reliable Co

Industry = Accounting

Press Release Summary = Learn From The Master How To Control Your Money

Press Release Body =
Do you like so many others feel, that even if they are earning well, are spending
even more? Do you want to change all that and live in sound financial health and
within your budget? Is there such a thing as a realistic budget? Are you skeptical
that you can make a budget that takes into account all your necessities and provides
for luxuries? You can live well and within a budget, and it starts with changing
your attitudes towards money, expenditures and budget setting.

Here's why a budget will help you to live well for the rest of your natural life.

. A well planned budget is an excellent financial tool for you, as it will guide you
in setting aside funds to pay for recurring monthly expenses (e.g. utilities,
rental), help you save for serious investments, allows you room to splurge and will
help you develop the discipline to save, while living well.

. A sensible budget is one that is realistically organized around the details of
your life. Because your budget takes into account your sources of income, you will
be in better control of your spending habits.

. A planned budget will give you the ability to save towards buying serious
investments such as a real estate property, or a business.

Redefine your idea of "living well" - as a lifestyle that keeps you out of debt and
gives you the financial freedom to be able to save a considerable portion of your
income.

Another attitude you should let go is one of having unrealistic expectations. Do you
often find yourself coming home with the latest product advertised? A bigger plasma
TV than the one you had last year? Or a digital camera with more pixels and 5 more
features? When you haven't even used half of the features of your old digital
camera! The number reason for credit card debt is impulse buying. If you tend to
impulse buy, develop an attitude of awareness. Question yourself. Do you really need
to buy this object? When are you using it and how often will you be using this? If
it will help in your business, plan the purchase. If it's planned for, you'll be
able to stick to your budget.

You've got the basics of setting a budget down correctly, when you are disciplined
enough to stick to it and thus control your spending habits.

Timothy Gorman is a successful Webmaster and publisher of Debt-Relief-Solutions.com.
He provides more debt relief, consolidation and free financial planning advice that
you can research in your pajamas on his website.



Web Site = http://affirmm.com

Contact Details = Greg Vanden Berge||PO Box 1111||riverview ,
92000||$$country||||760-433-9999||terry@findmeee4u.com||http://affirmm.com

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