1. What can you do with a personal budget if you find your current expenses just meet or even exceed your income?

Are you one of those people who is always wondering where your money went? Have you intended to save for college, a car, or your own apartment, but don’t seem to have enough money to pay your current expenses?

Businesses rely on budgets to make sure they have adequate resources to meet current expenses and to anticipate future financial needs. You can do the same thing.

Budgeting provides information to help you understand your financial resources and current spending patterns. With a budget you have a clear picture of what income you receive and how you use that income to meet current needs and future goals.