What Is Budget Counseling And How Does It Work?

Yusra3

VIP Contributor
Budget counseling is a process that allows people to plan for the future and make informed financial decisions.

Budget counseling is a free service provided by the U.S. Department of Health and Human Services, the U.S. Department of Education, and the U.S. Department of Housing and Urban Development that helps families develop a budget that meets their needs while promoting their well-being.

The aim of this program is to help individuals and families become more self-sufficient by learning to live within their means so they can meet their basic needs such as food, housing and clothing without having to rely on others for assistance or support. Budget counseling also helps participants develop skills to make informed decisions about where they spend their money so they can avoid unnecessary expenses or debts down the road.
 
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