10 Reasons to Make a Spending Plan

And now, because lots of people think that budgets are boring, my top ten reasons why you should make a spending plan:


  • Otherwise, you'll spend all your money without spending it on the things that are important to you.



  • Being broke is not attractive to the opposite sex.



  • If you are in debt, you will be able to see an end to the debt.



  • It is totally embarrassing when your credit card is declined.



  • It reduces (or even eliminates) fights with your spouse over money.



  • After a few months, you will feel like you have more money.



  • No more asking, "Where did all my money go?"



  • No one plans to work until the day they die.



  • You will be prepared for unexpected opportunities, whether it be a chance to start your own business, a great house at a great price in a great neighborhood, or a weekend in Vegas with your friends.



  • There really is no other efficient way to get control of your finances, sleep well at night, and accumulate savings.

And now, because lots of people think that budgets are boring, my top ten reasons why you should make a spending plan:


  • Otherwise, you'll spend all your money without spending it on the things that are important to you.



  • Being broke is not attractive to the opposite sex.



  • If you are in debt, you will be able to see an end to the debt.



  • It is totally embarrassing when your credit card is declined.



  • It reduces (or even eliminates) fights with your spouse over money.



  • After a few months, you will feel like you have more money.



  • No more asking, "Where did all my money go?"



  • No one plans to work until the day they die.



  • You will be prepared for unexpected opportunities, whether it be a chance to start your own business, a great house at a great price in a great neighborhood, or a weekend in Vegas with your friends.



  • There really is no other efficient way to get control of your finances, sleep well at night, and accumulate savings.