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Budgeting

Setting a Budget – Tips and Best Practices

In most cases, a budget (your cash flows) forms the bedrock of your financial plans. A budget is one of the most effective ways to begin tackling your financial life. Unfortunately, there are some negative connotations to the idea of budgeting. You might imagine a friend saying “I can’t go out to eat, I’m on a budget.” Your instant impression might be that they don’t have any money.