Answer:
Explanation:
1.Since budgeting allows you to create a spending plan for your money, it ensures that you will always have enough money for the things you need and the things that are important to you. Following a budget or spending plan will also keep you out of debt or help you work your way out of debt if you are currently in debt.
2.Save at least 20% of your income.
This is a big one, until you can start saving a considerable amount of your household income you are going to struggle meeting any of your financial goals, let alone building real wealth. I understand everyone’s situation is a little different, if you are having trouble getting there, you’ll need to make tough choices and set priorities in your spending.
