Budgeting for Your Wedding You don't have to marry the Prince of Wales just to have that wedding you're dreaming of; although actually marrying the Prince of Wales is always part of every woman's wedding dream. The key is to (1) find the persons who could offer the services you are looking for in the least amount there is in the market and (2) learn to apportion your money properly, or in other words, learn to budget. Budgeting Process Challenging Yet Critical For managers in today s business world and ordinary people leading their respective households, it is essential to have a working knowledge of finance. You play a role in your organization s finances, whether you realize it or not. For those who don t have training or a background in finances, you may be at a disadvantage as you sit around the management table without any knowledge in budgeting process. CUT THE CREDIT CARDS It is best if you don't use credit cards, or even own one. If you think you're responsible enough to use it in emergency situation, then leave one for those times. Buying a Gucci dress for a hot date isn't an emergency situation. Paying for school tuition fee or electric bills is a right example of emergency situation. You get to be satisfied with the dim light it produces. To get to the point, you learn to be satisfied with little things. Another hurray for budgeting tips! It can develop your well-being. The same thing happens when you do not allot the right payment for water. You will not have water to drink, to cook and to take a bath with. It is not as difficult as simply budgeting because you don t have to worry about whether other people would find your way of living livable or not. The first thing that you budget for yourself is, of course, food. Without food, you would not acquire the energy that you need to do the things you do daily. Anything that brings money into your doorstep on a somewhat regular basis. Now you may begin comparing the income and the expenses. If the expenditures you make are larger than your income, you are going to have a look at cutting back on your spending. This means that your home budgeting should be made to work and its results should be seen in the following month.
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