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		<title>10 Reasons why I Love to Budget</title>
		<link>http://www.moneywalks.com/2007/06/01/10-reasons-why-i-love-to-budget/</link>
		<comments>http://www.moneywalks.com/2007/06/01/10-reasons-why-i-love-to-budget/#comments</comments>
		<pubDate>Sat, 02 Jun 2007 03:42:01 +0000</pubDate>
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				<category><![CDATA[Budgeting]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Frugal]]></category>
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		<category><![CDATA[Saving]]></category>
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		<description><![CDATA[So whats the big deal with budgeting and why is it so important? Let me tell you why I love to budget, I have ten reasons and maybe you might see for your self the reason for its importance. Here they are: Big Awareness. Through budgeting, it keeps me aware of how much I spend [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.moneywalks.com/wp-content/uploads/2007/06/piggybank.jpg" title="piggybank.jpg"><img src="http://www.moneywalks.com/wp-content/uploads/2007/06/piggybank.jpg" alt="piggybank.jpg" align="right" height="294" width="194" /></a>So whats the big deal with budgeting and why is it so important? Let me tell you why I love to budget, I have ten reasons and maybe you might see for your self the reason for its importance. Here they are:</p>
<ol>
<li><strong>Big Awareness</strong>. Through budgeting, it keeps me aware of how much I spend on the daily basis.</li>
<li><strong>Saves me money</strong>. By knowing whats coming ahead and being able to plan, it helps me to spend less and less every month.</li>
<li><strong>Smart planning</strong>. Knowing how much money I have allocated, daily budgeting keeps me financially aware of my situation.</li>
<li><strong>Puts me in the right direction</strong>. Helps me to reach my financial goals.</li>
<li><strong>Helps me Prioritize</strong>. By keeping a nice balanced budget, I don&#8217;t have room to always buy things that I want. Instead, I need to make sure that I am able to buy the things that I need first before being able to buy anything else.</li>
<li><strong>It just feels good</strong>. The satisfaction of spending within my allocated funds is a great feeling and an accomplishment.</li>
<li><strong>Helps reduce debt</strong>. Financial planning and strict budgeting is a great way to help reduce debt.</li>
<li><strong>Keeps me in a positive financial mind set</strong>. When I&#8217;m consistently around numbers and percentages, I&#8217;m always being reminded to keep going.</li>
<li><strong>I love numbers</strong>. I love to calculate and to see how I&#8217;m improving from month to month.</li>
<li><strong>Organized. </strong>Being able to plan my budget has definitely helped me to be more of an organized person.</li>
<li><strong>(Extra)I&#8217;m ready for those emergencies</strong>. Life is unpredictable and you never know what&#8217;s heading your way. Being on a budget prepares me for those emergency times when I need those extra few bucks.</li>
</ol>
<p>Budgeting is a very nice way to keep track of all your expenses and it also helps you stay organized. The best thing is it only takes about 20 minutes per week. I recomend using this program called pear budget. Its an excel spreadsheet that keeps track of how much you spend on the daily casis. If you want to give it a try, you can download it for free <a href="http://pearbudget.com/" target="_blank">here</a>.</p>
<p>[<a href="http://www.flickr.com/photos/michelleelise/357431654/" target="_blank">Photo Credit</a>]</p>
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