HOW BUDGETING AFFECTS YOUR DAILY LIFE Every days of our life

HOW BUDGETING AFFECTS YOUR DAILY LIFE
Every days of our life, many things happen that affects our daily life such activities and tasks that we need to do. How we spend our money of course is one of the things that could affects on our daily life. When we talks about money, we need to have a plan on how we are spending our money effectively. Plan on how we are spending money called Budget. The process of creating plan on how to spend the money called Budgeting. Budgeting allows us to determine about our money situation in advance whether we will have enough money to spend on activities or to buy something that we need. If we do not have a plan on how to spend our money, we might spend our money more than the money we earn and we might have a problem in the later future. Sometimes people do not realize how important of budgeting, they might have spent more money than what they earn and slowly fall into the debt trap.