Guide to Budgeting
"Budget" is not a four letter word. Yet people find the word "budget" offensive, and few words create the same sense of dread. We've come to associate "budget" with sacrifice, denial of gratification, and burdensome attention to detail. The reality is that everyone has a budget, just like everyone has a diet. With a diet, we can choose to be healthy and responsibly control our eating, or we can eat with abandon and hope we don't have a heart attack. In the same way, with a budget we can choose to be financially sound and responsibly control our spending, or we can spend with abandon and hope we don't go bankrupt (the financial equivalent of heart failure).
Our Financial Literacy Course titled “Guide to Budgeting” is designed to assist you in learning the fundamentals of personal budgeting, give you the tools to determine your current budget, and identify areas of your budget where improvements can be made.
However, the budget is only part of the picture. This book also teaches you about individual net worth by providing tools to determine what your current net worth is and explaining why it is important. We’ll also demonstrate how net worth and budget are the foundation upon which you can build your financial goals and plans.