Budgeting????? how many people applied it today??

Philippines
June 3, 2010 8:52pm CST
today people rarely apply the principles of budgeting.... though budgeting is truly effective, mostly people today people somehow spent money and time without budget... Those who truly follows there budget, got good results...they spend money wisely plus savings..
5 responses
@ellago (127)
• Philippines
4 Jun 10
I practice budgeting. Been doing it for more than 5 years already. I also list all expenses up to the last centavo. I know where our money is going. I find it very helpful because it because is a good tool in my journey to financial freedom.
• Philippines
4 Jun 10
right now that im in badly need of money i really save even a single penny and i count every single penny i spend, if i want to buy something i rather want to think of the other important things. its my first time to budget my money and its really hard as i used to buy whatever i saw before. i just realize how important money is.
@xeroeight (1060)
• Philippines
4 Jun 10
I agree to you those people who know how to budget their money and time got a great result in life and they have more chance in gaining the financial and time freedome in life. I also do budgeting in my money and time some of my friend called my close-fisted but actually I just know how to budget my money and only use it for my needs. to make a good budget all we need is to know what is our need and what is our wants we need to buy only what our needs and those things that we want but we really don't need we should not buy them. Savings is also a expenses but it is a expenses for the future and a reasonable one.
@SilverKing (1003)
• Canada
4 Jun 10
Yeah people should really start budgeting very carefully in such an unstable economy and you never know when you may loose your job or prices will rise.Budgeting is a very good startegy in handling your fiances and really helps make sure all your expences get paid for.
@hamid14 (79)
• Canada
4 Jun 10
I never needed to budget, ever. My expenses are so low, I was have "extra" money left over. Never bought a car or a house, or took a loan. There are easy ways to make budgeting easier and more fun. Buy a cheap apartment, use the bus and buy cheaper non-brand name foods and toliet paper. I gaurantee you'll save some money. Then you'll realize budgeting is quite exciting, because you can see how much you saved in a week, month or year! Most people can't budget or don't know how to, because their young and just graduated from college or university. I guess as you get older, you gain more experience with expenses and revenue.