How do you budget your money?

@p3ks626 (6538)
Philippines
February 17, 2010 5:58am CST
How do you budget you money or your resources when you only have enough? I find it hard to budget sometimes especially there are so many things that we have to buy and pay. Bills are on the line and needs (forget about that ones) are always there. Do you find it difficult to live within your means?
1 person likes this
3 responses
nykel88
@nykel88 (999)
• Philippines
17 Feb 10
I find your situation as same as mine. When I was in high school I started already to save money because of the allowance I have but back then the prices was all fair and I can still save up to 50% of my total allowance but sadly now I can't. The prices are hiking and I can only afford 10% in this time in my college life. I only get 75 peso allowance and can't be enough to save some spare for my savings.
p3ks626
@p3ks626 (6538)
• Philippines
18 Feb 10
Yeah! I understand what you mean. Sometimes is really difficult to budget your money when you only have enough.
timasma
@timasma (123)
• Poland
17 Feb 10
I only find it difficult because I over spend usually. I love to buy new things so sometimes I get carried away. But I try to cut down on things I don't need so I can spend it on other thing that I like.
p3ks626
@p3ks626 (6538)
• Philippines
18 Feb 10
I think this is the most common problem for a lot of people because we are always tempted to spend a lot. But its a good thing that we should always try to cut down things that we dont need. Thanks for this one! =)
srganesh
@srganesh (6340)
• India
17 Feb 10
it is always good to plan your expenses within the budget,especially if you are an employee.You get money only once in a month.So,spare money for the bills and go for gricery shopping for the months need and spare some money for unexpected expenses like medical bills or a function needs.Don't go extravagant on anything even if it is tempting.Don't ever forget to save something.
p3ks626
@p3ks626 (6538)
• Philippines
18 Feb 10
I think planning is really a very good way of doing it. Thank you for the comment.=)