Question

Budgeting is important because?

Answer 1

Answer: It is important because 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.

Answer 2

To help ensure that you always have enough money for important things, like bills, loans, food etc.