Budget Discussions

[GoldenLady]

I think it's super important to learn not to live above your means whenever possible. When my husband and I first got married, we were broke. That led us to make reckless decision with credit cards, loans, financing cars, etc. (We were also young & dumb). I'm still working on paying off a $9k car that was $23k after financing because I didn't have a good credit score. Even thought we make pretty good money now, we're still working to pay off all these bills that have added up from back then. Once you start to drown in debt, it's hard to get out from under it.

This is understandable. Once you get the first loan, the second and third become easier and it becomes hard to break that cycle. I do work online to help me with extra bills so I don't have to borrow and it's been a life saver for the past two months as my salary is delayed.

 

[GIFTMICHAEL]

I always make some kind of budget to run my small earnings in smooth way but unfortunately i usually become unable to manage my budget. So planing is better then budget.

 

[Syldan]

Actually budget is the most essential elements of achieving success simply because that will helped you in divers capacity most especially when it come to spending and management.

 

[Good-Person]

I can agree with you on this. A budget is only applicable when there are available funds to actually allocate, so capital is vital to the development and realization of a budget, without question.

Budgeting is a really tricky aspect. The fact of the matter is that it becomes trickier when you create a budget of a really huge organisation and budgets are as important as sales.

 

[tyrim88]

The foundation of good personal finance is a budget. Start here to learn and ask questions about budgets and budgeting.

I have always believe this fact,because from experience you will not be financially responsible if you are not into outlining what you want to spend your money on,and that is where financial responsibility starts from.

 

[Good-Person]

I have always believe this fact,because from experience you will not be financially responsible if you are not into outlining what you want to spend your money on,and that is where financial responsibility starts from.

I never discuss anything related to my budget with anyone. I plan things according to what I think would be the best for me. This is why I myself make decisions.

 

[tyrim88]

I never discuss anything related to my budget with anyone. I plan things according to what I think would be the best for me. This is why I myself make decisions.

That is true,in budget planning you will have to outline and state expenditure with relation to monetry allocation accordingly,except in the case of an organisation where you will have to discuss it with the management.

 

[Georgeadawara]

Its really good for one to discuss about the budget you he or she wants to carry on, so to know on how to plan about it because is very important to write it down before you can go about it.

Yes you're absolutely right by saying this, because I think if one is not budgeting in everything he does then he can't strike the balance between income and loss in his or her business.

 

[Good-Person]

That is true,in budget planning you will have to outline and state expenditure with relation to monetry allocation accordingly,except in the case of an organisation where you will have to discuss it with the management.

I am quite sure that budgeting is done in each and every kind of organisation many times. This is because each and every business organisation has its own rules and even annual budget that helps them to run the organisation.

 

[tyrim88]

I am quite sure that budgeting is done in each and every kind of organisation many times. This is because each and every business organisation has its own rules and even annual budget that helps them to run the organisation.

That is just what can help any organisation,because when you are not spending according to butget,you will find out that your expenses will not be properlly captured and that is where losses comes from.

 

[Good-Person]

That is just what can help any organisation,because when you are not spending according to butget,you will find out that your expenses will not be properlly captured and that is where losses comes from.

I am sure that even small businesses also have their own budget plans as well. This is why almost each and every kind of business has a specified budget which is used to conduct business operations.

 

[Genie01]

Creating a budget would definitely help you control your finances in a positive way. without a budget it would be difficult to have an estimate of what would be require in the future.

 

[eenya00]

it is not difficult to have an estimate of what you require for in the future, as this is only an estimate and not something that should be very exact and a budget is what is needed for it.

 

[Agbalagbaa]

Budget discussions could really be an eye-opener because there are alot inventions and innovations you most probably aware that help makes a better budget.

 

[tyrim88]

I am sure that even small businesses also have their own budget plans as well. This is why almost each and every kind of business has a specified budget which is used to conduct business operations.

One of the things taht yiu will be able to use and know a business that will do well is the way and manner it take and address the issue of the business finance,that is one of the vital cpmponent of the business.

 

[eenya00]

Budget discussions could really be an eye-opener because there are alot inventions and innovations you most probably aware that help makes a better budget.

Having a budget can help you to invest on new innovation that cam bring in so much money to your company and can have a very huge impact on the future of your company

 

[Agbalagbaa]

Having a budget can help you to invest on new innovation that cam bring in so much money to your company and can have a very huge impact on the future of your company

Definitely, at the process of carrying out the discussion . Alot of beautiful ideas may be birthed out and it would have the potential to sort one alot of money in the long run .

 

[Good-Person]

Budget discussions could really be an eye-opener because there are alot inventions and innovations you most probably aware that help makes a better budget.

Sometimes, you have a really big budget and you still save a lots of money. This is what i am planning to do. I am planning to create a big budget and save money. I will then roll over the saved money to my next budget. This is the best way to save money, according to me.

 

[Shigobad2020]

Its good to have a budget discussion of your family with your wife most especially when you are married to avoid spending unecesarrily , ler her know What yiu can afford for the month , so that you can both plan ahead for the future .

 

[Smiles20]

This is one of the reasons why I believe that budgeting should be taught to students even the right from primary school. You are going to see the world much more better in terms of spending if you just know how to make good budgets.