Now that you are aware of how important a budget is in your life, whether you are creating it for long-term or short-term goals.
“To truly understand something or someone, it's best to hear from them directly, rather than relying on hearsay.” A wise man once said!
That's why we listed the most popular rumors about budgeting that might hinder your way toward financial well-being.
The top 3 things budgeting is NOT?
1st: Budget is not that silly government employee, who stands in your way to get what you want with your money!
At the end of the day, it works for your good.
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2nd: budgeting is not a guarantee that you’re on the correct path; it cannot address all of your poor financial decisions on its own. It requires effort and commitment on your part.
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3rd: budgeting is neither greedy, nor a temporary prescription, that you apply for a short period, AND, You get your financial freedom for good! It’s a skill you grow over time, so you learn how to make balanced decisions
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Learn how to commit to your budget in the last chapter of your Budgeting Kit for Beginners.
