Saturday, December 23, 2006

7 secrets that add fun to budgeting

Moneycontrol.com lists the why budgeting is important and how to create a useful budget.

Why budgeting?
  • Makes you control money, instead of money controlling you
  • Makes you ‘enjoy’ money, not ‘worry’ about money
  • Doesn’t mean ‘curbing’ your spending, but makes it more ‘purposeful’
  • Protects you from getting into financial problems


How to create a useful budget?
  1. Make it a family affair
  2. Have targets
  3. Surprise yourself
  4. Dare to do more
  5. Think beyond money
  6. It is not a test of your mathematical skills
  7. Don’t be too rigid
See full article - 7 secrets that add fun to budgeting

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