Many experts believe that an important part of personal financial management involves developing a budget?

Question by SHANI D: Many experts believe that an important part of personal financial management involves developing a budget?
Have you used a budget in the past? Has it worked well for you, or not? What challenges do you find in the budgeting process? Are you a spender or a saver?


Answer
Answer by JudyI am by nature a saver, so I never needed a spending budget.

I set goals for saving 25% of take home pay.
I use Microsoft Money and credit cards.
MSmoney to keep my checking account on track,
and credit cards to let

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