Budgeting
Budgeting is planning how to spend your money or income wisely.
It’s like driving with limited fuel. The money you earn is a tank of fuel and your expenses are the stops you make.
Budgeting means mapping out your journey so you use your fuel wisely, ensuring you reach all your important stops like 'Expensville', 'Treat Street', and ‘Savers Summit’, without getting stranded.
If you plan well, you might even have enough gas left for a fun detour to ‘Fun Junction’.
Just like in a journey, good budgeting ensures you efficiently use your fuel to reach your money goals.
Learn more: Budgeting 101: A Beginners Guide