Napoleon Hill had famously quoted, “Plan your work and work your plan”. This holds true for almost anything you do in your life. especially when your handle your finances. What air is to human beings, that’s what budgeting is to our financial health; it’s indispensable.
Most of us crib about how difficult it is to earn money or how expensive things are becoming. what “the most” of our lot fail to realise and what “the few” of our lot actually realise is the fact that such situations are faced by all equally and it’s only how we respond to these situations that makes all the difference. Those few are the ones who follow the basics, who get into the intricacies of framing a budget, who follow it religiously and also make the required changes if need be. Unless you don’t know where you are standing (wrt your financial status), how will you actually reach your destination!? It’s as simple as that. Most of us are self-sabotaging our finances and mounting debts without even realising. If you want to know more about the magic of budgeting in improving your overall financial health and in rescuing you from debt traps, then hit the below link and read my blog.