You do not need to live in a mansion. A place with a roof could be enough but to live more comfortably, you can pay to live in low-cost houses. Living in these houses would not only help you in saving, but it also helps you become more independent. This way, you do not need to pay extra for your household helpers, and at the same time, you learn how to do household chores on your own. At the same time, it will make informed spending decisions based on your budget entries. There really is no need for you to invest in a fancy budgeting tool in order to do a budget, but a good one will make the job easier. Many banks are now offering free PC banking and free personal finance software. You can also ride taxis if the money you have allotted for gasoline isn t jiving with the money left in your wallet. If, still, the money you must pay for riding taxicabs or the subway is too much for your budget, then you can just walk to your destination. Personal budgeting doesn t only help you in terms of saving money but it also helps you in other areas. In budgeting for a week's meal, list all the things you need to buy and bring all the coupons. This way you will not only save money from not eating out but buying in bulk at the supermarket as well. The total cost of eating food at home is definitely less than you were spending fancy meals at a restaurant. Without a budgeting and forecasting system that can quickly give the reflection of the expenditures of a changing business condition, it is impossible to determine the impact of such events on the bottom line and quarterly results. Far too often small business gain good profits, but they do not have enough operating capital to meet their needs. In business, budgets help you determine how much money you have at present and how you will use it, and help you decide whether you have enough savings to reach your financial objectives. A budget, as part of the business plan, can help convince a loan officer that you know your business and have anticipated its needs.