This is the second week of March 2009 and I think the time has come for me to plan and to prepare my budget for next month. This is how I manage my financial. So have you ever calculate the budget for your life? I’m sure the amount will be high right? How to make a good preparation about it?

Basically, budget preparation is one of the most important thing to do in our daily life. It because most people fall into cycle of debts easily specially if they have a credit card. They can’t control their “mood” and at the end of the day, they will face another problem that is undisciplined spending habit.

Actually, we can overcome this problem if we know how to organize their “mind”. What I’m trying to say is we need to organize our expenses by comparing between ‘needs’ and ‘wants’. Yes… all we need to do is spent our money on needs and leave the wants for the last. Once you have the spare cash, then only you can spend it on your ‘wants’.
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