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What is the biggest challenges when budgeting?
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[QUOTE="funmi, post: 224141, member: 38880"] When it comes to budgeting I think it is as crucial as even looking for money itself, because a wrong budget can destroy a life time hard work. I see people who just carry a certain amount of money to the market and they never took the time to prepare a budget and when they return back from the market, first they will be out of cash totally and next they will never be able to give an account of what they bought in the market because they must have spent more than what is necessary and bought somethings that are not of a necessity. At the end to may return back again very broke as they did not spend their money on the relevant things they were suppose to spend. So budgeting really helps us to minimize wastage. It helps us to ensure that we spend our hard earn resources on the rightful and needed items which are more pressing to us. The only challenge now in preparing a budget is the challenge of the unstable prices in the market one might fix some items at a particular price and may get to the market to get another price which are usually higher. [/QUOTE]
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What is the biggest challenges when budgeting?
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