Budgeting allows us to allocate our resources wisely from "summary" of Your Money Or Your Life by Joseph R. Dominguez,Vicki Robin
Budgeting is a powerful tool that can help us take control of our finances and make intentional decisions about how we use our money. By creating a budget, we are able to clearly see where our money is going and make adjustments as needed to ensure that we are using our resources in a way that aligns with our values and goals.
When we budget, we are essentially creating a plan for how we will allocate our resources. This allows us to prioritize our spending and focus on what truly matters to us. By assigning specific amounts of money to different categories, we are able to ensure that we have enough to cover our needs while also setting aside funds for our wants and future goals.
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