A budget plan is a tool that shows how you use money in your everyday life. A budget can help you determine where you are overspending and help you adjust bad spending habits. By making slight adjustments to your budget, you may have the ability to save more or make larger payments on your debts.
Resources & Tools
Why Use a Budget
A budget gives you a clear picture of your financial situation. With a budget, you can prioritize the expenses and savings that will help you achieve your financial goals. A budget lets you monitor your income and spending overtime to make sure you’re sticking to your goals. And your budget can help ensure that you will always have enough money for the things that are important to you.
In this section, you’ll find more information on how budgets work and how they can help you reach your goals.