Do I Really Need to Budget

I wrote a guest post for The Smart Investor about deciding if you need a budget.  Here is the start of it, to read the entire post, click here.

Budgeting is critical to your financial health, especially when you are just getting started handling your own money.  A budget will help you figure out whether you can afford to make big purchases – a car, a home – whether you can afford a nice vacation and whether you need to find a way to make more money.  However, not everyone needs to make and stick to a budget.

In this post, I’ll talk about the characteristics of people who will benefit most and least from making a budget and will provide a questionnaire you can use to help figure out . . . Read More