By in Family

Do You Maintain a Budget?

With the fast increasing prices of commodities nowadays, it is a very good idea to maintain a budget. In our family, we actually maintain a 15 days budget for the things that we need since pay day comes on the 15th and on the 30th of each month. I know it will be very easy for money to just vanish away when you are not watchful on your spending.

If you don't want to end up in accumulating a lot of debt, better stick to your budget and discipline yourself not to spend to much on things that you don't really need and you just can't afford. But then again, if you have so much extra, then why not spare some amount for things that you want.

How is your spending discipline?

You will need an account to comment - feel free to register or login.


Kent_123 wrote on October 29, 2014, 1:31 AM

Very good article on maintaining budget. It is good habit to plan monthly expenditure in accordance with our monthly income...

Jayme_Janella wrote on October 29, 2014, 1:46 AM

thank you.. very true, we need to track our monthly expenses.

idyll wrote on October 29, 2014, 2:00 AM

i always try to make budget and live on it but always failed because every month, the unexpected things are coming up.

carmela wrote on October 29, 2014, 3:41 AM

budgeting is what i hate to do the most. i admire those who make a budget and adhere to it strictly. many times i have attempted to make a budget but i usually over spend and just be frustrated about it so i dont keep a budget anymore.

sheilagamo wrote on November 4, 2014, 7:40 PM

i Try to but I struggle with money