Share post
Debt Consolidation Forums Budgeting and Personal Finance forums

Do I have to plan a budget if I'm able to save 10% of monthly paycheck?

member profile picture
Posts: 1
Credits: 0

Is it necessary to plan a budget? I mean, is it really necessary? Will I still have to plan a budget if I'm able to save 10% of monthly paycheck?

It is necessary since a budget helps you track your expenses. It helps you to adjust with different financial stages of your life.

Sub: #1 posted on Thu, 08/31/2017 - 22:57

(Posts: 3937 | Credits: )

Yes, it is necessary. You never know, you might be able to save 20% if you plan a budget.

Sub: #2 posted on Fri, 09/01/2017 - 06:17

Good Nelly Good Nelly
Industry Expert
(Posts: 2688 | Credits: )

Without a budget, you will not understand where your money is going.

Sub: #3 posted on Fri, 09/01/2017 - 06:25

sanderspatricia29 sanderspatricia29

(Posts: 878 | Credits: )

A budget is a pre-requisite to manage finances well. So, do plan a suitable budget for a good financial future.

Sub: #4 posted on Fri, 09/01/2017 - 06:42

Mabelle Page Mabelle Page

(Posts: 181 | Credits: )

Through budgeting, you may contribute a portion of your earnings each month for investing in your IRA, 401(k) or other retirement funds, you'll eventually build up a nice, fat nest egg. Also, without budgeting, you might not know whether you can afford a new flat-screen TV, a new car, or any other big purchases.

Sub: #5 posted on Thu, 09/07/2017 - 03:48

tiarajoseph11 tiarajoseph11

(Posts: 403 | Credits: )

More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.

Page loaded in 1.028 seconds.