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Topic: Budgeting is overrated (Read 214 times)

member
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May 09, 2024, 01:59:49 AM
#15
Every human being possesses more or less various resources. Since no goal can be achieved without resources budgeting is important for every person to be aware of their right to some resources and increase them. Whatever amount of money you have you need to see how efficiently you are able to use that little amount of money. There is no end to the needs of the poor yet it is important to determine which needs to prioritize.
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May 08, 2024, 11:46:51 PM
#14
       Hello World
 I've been having misconception about this topic for a while , so I feel I should err this out here to get more opinions about it.
 In a wide range of understanding budgeting over the years means planning or keeping track of incomes and expenses to make sure you're spending within yours means or limits and saving for your goals/rainy days.
 People have different opinions on budgeting because it has made them feel restricted and takes away their freedom to enjoy life. Some argue that it leads to missed opportunities.
 What are your thoughts on this?
you have clear it here mate and that is people have their own opinion like yours? when you are having funds its all yours to decide so try to make your own goal because we are talking about future here and if you do not budget your funds then you are facing a lot of trouble for the coming days.
It is very important for us to budget our funds. We must know how much we have at all times so we do not go over our budget and then we will have big debts.

I do not think that it is overrated to do that. It is the adult thing for us to to so we can be responsible with our funds.
maybe OP is type of person that loves to spend His hard earned money but surely he will learn that the hard ways.

I can't say yet whether Budgeting is operated or not.  I am still new to these things.  But I want to know about it.  Hope to gain more experience in this matter.
why? even student must know how to budget mate not unless you are below teenage backet.
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May 04, 2024, 02:30:39 AM
#13
It is very important for us to budget our funds. We must know how much we have at all times so we do not go over our budget and then we will have big debts.

I do not think that it is overrated to do that. It is the adult thing for us to to so we can be responsible with our funds.

Yes that is true, benefits to budgeting our fund can't be overruled, but this only have it full course when the income is a stable income, many budget like our government system by speculating on what they will generate with the resources of the nation at the end some of the budget can't be fulfilled as it may require borrowing. If one is working with what he/she have at hand budgeting can work efficiently as it helps in moderating the money not to go beyond one required expenditure, but if one but is focused on speculated income such as business or investment most time budget may failed it moderation capacity.
newbie
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April 24, 2024, 09:26:31 AM
#12
I can't say yet whether Budgeting is operated or not.  I am still new to these things.  But I want to know about it.  Hope to gain more experience in this matter.
legendary
Activity: 4466
Merit: 3391
April 21, 2024, 04:09:15 PM
#11
It is very important for us to budget our funds. We must know how much we have at all times so we do not go over our budget and then we will have big debts.

I do not think that it is overrated to do that. It is the adult thing for us to to so we can be responsible with our funds.

I have never needed to make a budget because I have always been able to spend less than I make with no effort. I am an obsessive saver and I would rather save money than spend it.
legendary
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April 20, 2024, 04:07:57 AM
#10
It is very important for us to budget our funds. We must know how much we have at all times so we do not go over our budget and then we will have big debts.

I do not think that it is overrated to do that. It is the adult thing for us to to so we can be responsible with our funds.
full member
Activity: 266
Merit: 120
April 19, 2024, 10:51:10 AM
#9
Budgeting is very good in the management of the resources or income of any individual in life because when you have a budget, it helps you to make proper and judicious use of your income instead of spending them on frivolous things that are not included in your budget. Budgeting is very good as you will live and work according to your budget but it is also good to make reserved budgets should in a case of any thing important that may arise outside your budget in the future.

Budgeting helps to cut one's expenses and makes you to be able to achieve certain things that are included in your budget and makes you to be more focused and determined to make sure that everything within your budget is well taken care of.
sr. member
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April 18, 2024, 02:29:56 AM
#8
if they were bothered by budgeting from the start, why did they do it? they can choose not to budget because it is their right not to do so.

They won't do it but that's not their point they expect everyone to follow what they were doing cause they feel they are doing better which in reality it's exact opposite is happening. One's freedom will be limited if they can't afford to do that activity which will be same whether we allocate monthly budget or not but the moment we find will differ.
full member
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April 17, 2024, 10:51:38 PM
#7
budgeting is important for both individuals and businesses. with budgeting it will be possible to track expenses, predict expenses, etc. there are many advantages to budgeting and it will be very helpful for people who don't want their finances to be messed up because of unimportant expenses.

however, when someone says that their freedom is disturbed by budgeting, that is only their reason, because budgeting will not limit someone's freedom, it only regulates how someone does not spend more money than they can afford. if they were bothered by budgeting from the start, why did they do it? they can choose not to budget because it is their right not to do so.
full member
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April 17, 2024, 08:33:55 PM
#6
I'm working hard to earn so i must also work hard to spend .

Budgeting is very essential for everyone that wanted to have a better future because what is the sense of working when you just wanted to spend this that easy?

I don't know why you are making this things hard to achieve , maybe you are a type of person that loves spending so you are truly affected of such a thing?


Budget is life for most of us mate , that is how we move life.
sr. member
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April 17, 2024, 11:23:53 AM
#5
       Hello World
 I've been having misconception about this topic for a while , so I feel I should err this out here to get more opinions about it.
 In a wide range of understanding budgeting over the years means planning or keeping track of incomes and expenses to make sure you're spending within yours means or limits and saving for your goals/rainy days.
 People have different opinions on budgeting because it has made them feel restricted and takes away their freedom to enjoy life. Some argue that it leads to missed opportunities.
 What are your thoughts on this?

If you don't know where you want to spend your money then your financially irresponsible and you have every reason to lose. Monthly budget and yearly budget are essential for anyone who are making money even though they are independent and living on their own and everyone who have been in the ups and downs will really understand the importance of savings.
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April 17, 2024, 10:48:13 AM
#4
People have different opinions on budgeting because it has made them feel restricted and takes away their freedom to enjoy life. Some argue that it leads to missed opportunities.
 What are your thoughts on this?

To me freedom is to have money and budgeting does restrict you because you should be responsible to know your limits when it comes to money.

We all cannot live free without any consequences after and I think budgeting makes these consequences a little less dire than they would have been. Go try to live without having to budget your money, spending it anywhere then see how it goes for you.
full member
Activity: 2520
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April 17, 2024, 06:14:30 AM
#3
       Hello World
 I've been having misconception about this topic for a while , so I feel I should err this out here to get more opinions about it.
 In a wide range of understanding budgeting over the years means planning or keeping track of incomes and expenses to make sure you're spending within yours means or limits and saving for your goals/rainy days.
 People have different opinions on budgeting because it has made them feel restricted and takes away their freedom to enjoy life. Some argue that it leads to missed opportunities.
 What are your thoughts on this?
It is your money , so you have to decide on your own that means you can follow budgeting
and you can follow what you desire but remember that the outcome will always affect your life
that is one thing for sure .

other people even seek for good advises for their budgeting and What I do believe
is that with this help we can manage to have a better life in the future and not just for today.
hero member
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April 16, 2024, 11:17:47 AM
#2
People have different opinions on budgeting because it has made them feel restricted and takes away their freedom to enjoy life.
Who are those people? They perhaps didn't lived like they're all alone with their lives. Budgeting isn't overrated, it's actually a survival life skills that everyone has to learn.

While it's like a mandated skill to be learned by most of us, there are people that can't do it because of their lifestyle.

Well, we've got different ways of how we deal life today. If they feel like they're on a handcuff, that's what they think what's good for them.
newbie
Activity: 4
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April 16, 2024, 08:53:23 AM
#1
        Hello World
 I've been having misconception about this topic for a while , so I feel I should err this out here to get more opinions about it.
 In a wide range of understanding budgeting over the years means planning or keeping track of incomes and expenses to make sure you're spending within yours means or limits and saving for your goals/rainy days.
 People have different opinions on budgeting because it has made them feel restricted and takes away their freedom to enjoy life. Some argue that it leads to missed opportunities.
 What are your thoughts on this?
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