It may have more than four letters but for some people, “budget” still feels like one of those “bad words” you shouldn’t say in polite company or don’t want to hear in your home. We get it—conversations about personal finance can be uncomfortable—but we’re here to tell you that budget is not a bad word. In fact, it’s one of the best things you can do for yourself.
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When it comes to financial success, planning is key. We’ve talked about the importance of having a budget many times, and this strategy remains a critical element of most successful financial plans. After all, saving and investing only works if you plan it around your income and expenditures—it takes a bit of work, but it’s more than worth it in the end.
