In high school budgeting was of no concern to me. I had a part-time job, no bills, and I had a lot of expensive hobbies, so, needless to say, I spent my money frivolously. If I saw something I wanted, I bought it. It was that simple.
Once I met my wife-to-be, that all changed. She convinced me that budgeting was a necessary tool that needed to be utilized, regardless of income bracket, expenses, and employment. Without it, you don’t know what your money is doing, where it’s going, or even if your making more than your spending. It’s chaotic.
If you’re not budgeting, you should. Here’s why: