The misconception of budgeting!

The misconception of budgeting!

Hi everyone I hope you are all well wherever you are in the world.. 

I thought I would talk about BUDGETING again! Sorry for those people who don’t like this subject! But I thought that if I was to do document these sorts of things then I AM more inclined to then do them! Because what you may not know is I do occasionally read my own blogs! SO LETS GO!

So the main misconceptions of budgeting is that you:

ONLY BUDGET WHEN YOU HAVE NO MONEY

This misconception is further from the truth which I have touched on within a previous blog of mine! Because budgeting is not just for people who don’t have any money it is also for people who want to create and set goals within their lives and budgeting is also about priorities. 

BUDGETING MEANS THAT YOU MISS OUT ON THINGS WITHIN YOUR LIFE!

This is also further from the truth. Because many people that do budget do still do all of the things that they want to do but they just prioritize and decide what they want to do and to ensure that if possible it is still within their required budget which could be either weekly or monthly. 

But the main two reasons why I want to budget is because now and again I do buy so many things that I really could do without or I don’t need! So for a few months now (on and off) I have allocated myself £50 a month to spend on whatever I want! HAPPY DAYS. AND the other reason is because I want to save as much money as I can while I can and while I am young! So then I can save it and keep saving for something for my future. AND I have also decided that if I haven’t spent all of my budget throughout the month then at the end of the month I will then put the rest of the money into my SAVINGS! AND another reason! IS because I want to enjoy my life and not worry about money and be as comfortable!

THANK YOU FOR READING! Love you all! x

BUILD A BEAUTIFUL LIFE 

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BEAUTIFUL BUTTERFLIES

Lauren Rogers 

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5 thoughts on “The misconception of budgeting!

  1. I love budgeting! People need to change their views, because it’s a tool that allows you to have MORE money when you know where your allocating funds and how to save some. Great post 😃

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