Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
What Budgeting Mistakes Do People Usually Make?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Abigael, post: 222649, member: 25357"] Budgeting is truly a great way for people to spend their money wisely and save as much as they can. It is through budgeting that people are able to differentiate between wants and needs so that they can focus on spending on the right thing. So the first mistake that people make is not specifying clearly their needs and wants when making budgets. The second mistake that people make is underestimating the prices of the things they need to add in the budget. For example, you may put the price of food to be lower that what you actually need to buy. At the end of the Day, you find that you are spending more money than what you budgeted for. The last mistake that I know of when budgeting is planning on having higher things that you cannot actually afford. Remember that you have to really budget around what you earn, not around things you desire. So putting your spending goals higher than what you actually afford will ruin your financial stability. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
What Budgeting Mistakes Do People Usually Make?
Top