This is one of the biggest hindrance towards putting into practice good personal finance budgeting. You may need things in life including food, water, shelter and clothing. Needs are those things that we cannot live without. Needs are also those that living without would case difficulties and distress. You can relax about it. In fact, budgeting is the only way you will be able to have peace of mind and take control over your finances and avoid bankruptcy. With budgeting, you will learn how much you are currently spending and how you can successful decrease your expenditures to help you make good savings for the rainy days. Simply put, activity based budgeting is the reverse of the activity-based costing process to produce financial plans and budgets. With the advent of powerful and low-cost database systems, activity based budgeting is allowing businesses to reduce costs, better utilize resources, and achieve strategic objectives. For example, you apply for another credit card and use cash advances from it to pay an existing card. You have more credit cards than a successful gambler has poker chips. You are at or perilously near the limit on each of your credit cards. You consistently charge more each month than you make in payments. These fun, low-cost activities for your family can also boost your relationship with them as well as your finances. Ignore the neighbors. In this consumer culture, you may break out in a sweat when you see the neighbors' expensive new car, or hear about their ski trip to Switzerland. Always keep in mind your goals and stick with them. The same goes for keeping a budget because it is very easy to eat something unconsciously as spending money unconsciously as well. Financial planners say people are often surprised to see where their money is really going each month. Most people are lucky to have anything left over at the end of the month after all the bills are paid.