Dealing with a budget is something you need to think about your income and spending, if you equally managed this, you can deal. Savings are something you deal with in your budgeting.
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Dealing with budget is one of those things which any business operator should have if you can deal with budget then you are not in a better position to operate any business.
Budget brings about proper planng and understanding of financial up and down in any business
I totally agree. The inflation is kinda worse now and it's really hard to budget because of it.Budgeting is indeed important, but inflation rate is one of the biggest enemies of budget. The value of money is going down rapidly and many people have failed to stick to budget.
I totally agree. The inflation is kinda worse now and it's really hard to budget because of it.
Exactly! Although it's getting harder to save up due to price increase everywhere, we gotta do our best to survive.Since inflation is increasing each month in many parts of the country, it would be a really great idea to save money each month in order to deal with the rising prices.
Exactly! Although it's getting harder to save up due to price increase everywhere, we gotta do our best to survive.
You are right. Today, budgeting is just a pain in the a**. Since everything seem to change everyday. From gas prices to foodstuff. You make a budget today, tomorrow you will have to change it. However, i think the most important thing is to get into the habit of looking at your finances and tracking your spending. You can do this by using a budgeting app like Mint or Personal Capital, but even just keeping track on paper will work too.I totally agree. The inflation is kinda worse now and it's really hard to budget because of it.
That is a good way to ensure that a business is run in a healty manner,one of the things that makes most business expecially new start ups is that of managing finance effectively,and this can make the business to go down.Budgetting is something that I do not take likely in my business at all. I always try to involve all my team members whenever I am creating a budget to ensure that we arrive at something best for the business.
I don't use any software to do my budget. Budgeting does not require much calculation, in my opinion. When it's not a whole country that I'm setting a budget for. I just plan how much I will spend and how much I will save. After all, how much am earning monthly?
Well budgeting in how you do spend and save all depends on once need and purpose individually. It is just good that you have a very good and accurate budget in order to deal with your spending and also saving.
Yeah.. things in life either in the aspect of businesses and investment are not done that way, it is better to be minimizing your budget of spendings in everything you do.Many people believe that just because they have set up a budget amount, this means that it is okay for them to spend the whole amount. This is a really big misconception.
Yeah.. things in life either in the aspect of businesses and investment are not done that way, it is better to be minimizing your budget of spendings in everything you do.