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Why your budget must be realistic.
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[QUOTE="Abigael, post: 216240, member: 25357"] It is very important to have a realistic budget for sure. Budgeting helps prevents you from excessive spending of money. That way, you never go broke easily and can deal with any financial challenges that may occur. When you have a budget, it guides you on spending money on the right things which include basic needs such as good or clothing. It is important that when going for shopping, you know exactly what you need and how much it might cost. That way, you only walk around with money that is enough for your needs. This will help you control impulsive spending. It is always great to save for any emergencies that may occur. It could be so unfortunate if an accident occurs or you get sick and don't have money to pay for medical bills. So budgeting enables you to have some money that you can save for emergencies. It also allows you to have necessary insurance for such emergencies. [/QUOTE]
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Why your budget must be realistic.
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