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9 Reasons Why You Should Budget, Even If You Don’t Think You Need To

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Budgeting for Beginners; 9 Reasons Why You Should Be Budgeting

If you’re new to budgeting, it’s important to understand what a budget is and how it helps you examine what you earn and how you are spending that income. A budget is a financial plan that takes income and expenses into account and provides estimates for how much you make and spend over a given period of time.

Budgeting Basics

  • Fixed expenses are expenses that stay the same from month to month, such as rent payments.
  • Flexible expenses are expenses that change from month to month, such as how much you spend on utilities
  • Total expenses are the combined amount of your fixed and flexible expenses.
  • Total monthly income is the income from your job or other resources including investment dividends, pensions, Social Security benefits, rental income and more.
  • Disposable income is the money you have left over after you subtract your income taxes from your income.

 

If you find you are not able to stick to your budget, it may mean you are spending beyond your means or that your budget is not flexible enough. Take the time to review and readjust your budget monthly until you find a plan that works for you.

 

 

Here are 9 good reasons you should be budgeting your expenses

   1. You will find you have more money than you thought 

Now that you have a budget and all your money is already spent on paper you will find that it can stretch alot further than you thought. You finally have enough money to pay extra on your credit card bills or put into savings.

  2. It can help you get out of debt faster

Having extra money to budget into outgoing you now have more option to pay off debt. It’s up to you and your goals,  but if you want to make the sacrifice to take extra leisure money and put it towards debt you will find that those total remaining balances go down alot quicker. This can give an immense sense of relief every time you see them

  3. It ensures that you will always have enough money for the things you need

Laying out your incoming and outgoing finances will shed new light on your money situation. Now you will know if you have enough money to make ends meet or, if you don’t, you can rearrange your spending habits.

 4. Budgeting puts you in control of your financial situation

A budget helps you figure out your long-term goals and work towards them. If you just drift aimlessly through life, tossing your money at every pretty, shiny object that happens to catch your eye, how will you ever save up enough money to buy a car, take that trip to Aruba or put a down payment on a house?

A budget forces you to map out your goals, save your money, keep track of your progress and make your dreams a reality.

 5. You will find you put more into savings than you used to

People who do not have a budget tend to save less money than people who do. This is because when you budget you assign your money to do certain things. This allows you to automatically put money into a savings or investment account each month. As you do this you will begin to build wealth. This will give you true financial freedom in the future.

 6. Tracking your incoming and outgoing  finances will create a good habit of not                overspending

Most people who do not have a budget end up overspending each month. This limits their spending power in the future as more and more of their salaries have to be applied to debt payments. If you are worried about restricting your spending, consider what it would feel like to have the majority of your paycheck be applied to credit card payments. The stress of finding a way to pay for the rising cost of gas and food can be astronomically when most of your paycheck is already planned

  7. Helps you reach your goals quicker

With a budget, you can focus your money on the things that are most important to you. This may be getting out of debt, saving up for a home or working on starting your own business. Your budget creates a plan and lets you track it to make sure you are reaching your goals.

 8.  It leads to a happy retirement

As important as it is to spend your money wisely today, it’s also critical to save for your future.

A budget can help you do just that. It’s important to build investment contributions into your budget. If you set aside a portion of your earnings each month to contribute to your IRA, 401(k) or other retirement funds, you’ll eventually build a nice nest egg. Although you may have to sacrifice a little now, it will be worth it down the road. After all, would you rather spend your retirement golfing and taking trips to the beach or working as a greeter at the local grocery store to make ends meet?

9. Budgeting helps you prepare for emergencies

Life is filled with unexpected surprises, some better than others. When you get laid off, become sick or injured, go through a divorce or have a death in the family, it can lead to some serious financial turmoil. Of course, it seems like these emergencies always arise at the worst possible time – when you’re already strapped for cash. This is exactly why everyone needs an emergency fund.

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Trump’s Latest Tweets Spark Outrage

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Donald Trump played the race card on Sunday. He launched nearly three dozen broadsides on Twitter throughout the day, but a trio of his tweets stood out because they demonstrated how casually he likes to uncork his venom and how unwilling the Republican Party is to contain him.

Trump was targeting four new Democratic congresswomen of color (nicknamed “The Squad”) who have become ubiquitous advocates for progressive policies and occasional thorns in House Speaker Nancy Pelosi’s side: Alexandria Ocasio-Cortez of New York, Ilhan Omar of Minnesota, Ayanna Pressley of Massachusetts and Rashida Tlaib of Michigan.

trump attacks congresswomen in tweets

Omar is from Somalia. The other three women were born in the U.S. Pressley is black and was born in Ohio. Ocasio-Cortez was born in New York and is of Puerto Rican descent. Tlaib was born in Michigan and her parents were Palestinian immigrants.

“They’re free to leave if they want. If they want to leave, that’s fine. If they want to stay, that’s fine,” Mr. Trump said on Monday, referring to Representatives Alexandria Ocasio-Cortez of New York, Ilhan Omar of Minnesota, Rashida Tlaib of Michigan and Ayanna S. Pressley of Massachusetts. On Sunday, he said they should “go back” to the countries they came from.

Central to Trump’s racism is not just the content of the racism itself. It’s also that he’s asserting the right to engage in public displays of racism without it being called out for what it is. A crucial ingredient here is Trump’s declaration of the ability to flaunt his racism with impunity.

After all, the hosts at Fox and Friends contributed on Sunday by just having a few laughs about the president’s tweets. Meanwhile, Matt Wolking, the self-described “Deputy Director of Communications — Rapid Response” for the president’s 2020 campaign, did his part by responding so rapidly to the widespread criticism that he simply pretended the media misrepresented what Trump tweeted. And by my count only one Republican legislator criticized Trump all day. Representative Chip Roy of Texas crossed lines to offer what was ultimately a tepid critique of Trump’s Twitter storm.

Some principled conservatives were willing to step up. George Conway, the husband of a prominent Trump adviser, Kellyanne Conway, tweeted that Trump’s comments were “bigotry, pure and simple.” And, he added, addressing Trump directly: “You are a disgrace to the office you hold, and you are a disgrace to the nation.” David French, a conservative columnist with the National Review, tweeted that he “could think of few worse things for the soul of the GOP or the health and unity of our republic than adopting a strategy of ‘be racist to own the libs.’”

Jonathan Greenblatt, the head of the Anti-Defamation League, said Mr. Trump’s use of Israel in his comments hurts the Jewish community.

“He doesn’t speak for any of us. We call on ALL leaders across the political spectrum to condemn these racist, xenophobic tweets & using Jews as a shield.”

Mr. Greenblatt

Two Republican senators, Lindsey Graham of South Carolina and Patrick J. Toomey of Pennsylvania, suggested that the president steer clear of personal attacks and instead focus on policy.

“We all know that A.O.C. and this crowd are a bunch of communists,” Mr. Graham said on Fox News. “They hate Israel, they hate our own country.” But he also pushed back against the president’s suggestion that the women are not American.

“They are American citizens,” Mr. Graham said. “They won an election. Take on their policies. The bottom line here is this is a diverse country.”

He added: “Mr. President, you’re right about their policies. You’re right about where they will take the country. Just aim higher.”

Mr. Trump said he disagreed with Mr. Graham about aiming higher. “These are congressmen. What am I supposed to do, just wait for senators? No,” Mr. Trump said.

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Trump expected to take executive action on Census

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President Trump is expected to take executive action to try to add a question about U.S. citizenship status to forms for the upcoming 2020 census. It’s the administration’s latest effort in a more than yearlong legal fight to include the question, which has been blocked by the Supreme Court for now.

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There is Too Much Fake Health Information – Exposing Weight Loss Gimmicks

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Welcome to another weight loss article. Hopefully this one will shed some new light on your life.

Weight loss is a big concern for many people and has been for a little while now. Perhaps it’s to do with how we look and feel, or all the trends we follow, or a doctors concern. Whatever it is, excess weight is simply unhealthy, and loosing it in a healthy, sustainable way is very important.

The internet has thousands of weight loss articles, tips, hacks, and quick weight loss solutions. Many companies sell pills and drinks that are meant to boost weight loss. Health bloggers sell clean eating ebooks, fitness influencers share what they eat in a day, and the list continues…

While some of these are good advice and very helpful, many of them are unhealthy, only work short term, and have more bad effects than just regaining the weight. For most of us, the internet is our biggest, best source of information, and there is simply too much fake health info and too many weight loss gimmicks to ignore. The key is to weed out the good ones, and toss the bad. We’ll show you how to do that in just a minute. Meanwhile, read about why weight loss gimmicks are unhealthy, and why fad diets are considered a gimmick, too.

weight loss gimmicks

Weight Loss Gimmicks

A weight loss gimmick is a trick intended to attract attention to a method for losing weight easily. Most, if not all, are extremely unhealthy and dangerous. Any method of weight loss that is either of those is considered a gimmick. The promise of quick results is a give away for most of them.

  • fasting
  • supplements
  • crash diets
  • false claims
  • anything that seems too easy (wight loss takes time and effort)

Dangerous weight loss gimmicks

  • Smoking. You might lose weight. …
  • A plastic tongue patch. In which eating solid food becomes beyond painful. …
  • Stimulants. Don’t use caffeine to lose weight. …
  • Tapeworms. …
  • Tube feeding. …
  • Laxatives. …
  • Purging. …
  • Restricting calories.
  • Waist trainers

Google: How to lose weight fast?

People make money off your google searches “how to lose weight fast,” “fastest way to lose weight” etc. They are proving unhealthy information. Things like this lead to unhealthy lifestyles, unhealthy hopes and dreams, depression, weight retention, serious illness, and even deaths.

Here’s the thing about fast weight loss. Losing weight quickly is neither safe nor sustainable. If you crash diet to drop pounds—or try something like a juice cleanse—you will lose weight quickly, but most people gain the weight back relatively soon. It’s not that losing weight slowly is the better choice, but losing weight in a healthy, sustainable way is the right choice. If you are going to attempt quick weight loss, the researchers suggest you speak with a dietitian to work on a plan that ensures you get the vitamins and minerals that you need. And keep in mind that, even if the quick weight loss crash diet helps you see results sooner. The slow-and-steady method is still much less disruptive to your everyday life—and therefore a much less miserable approach if you’re trying to drop pounds.

Weight loss gimmicks work

Yes for sure alot of these do work but the health risks are not worth it, even if you lose 11 pounds in one week. Waist trainers, for example, could help decrease body fat but unless you already exercise and eat right, and your body fat is already very low, you will not have a Victoria Secret model’s body overnight. Guaranteed. Weight loss pills are full of chemicals and most are made with cheap and harmful ingredients. It is essential for your health that you research anything before you use it, and consult your doctor.

dieting: Managing consumption of food and drink with the intent to lose, gain, or maintain weight.

But here’s the key,

You lose weight, typically, no matter what kind of weight loss diet you’re on. That’s what happens to your body when you cut back on it’s fuel source. It’s science. Whether you lose it in a healthy way or a dangerous way. However, the weight never stays gone unless you change. Not your current diet and not your calorie count. You.

How you can change to lose weight and keep it off for good

  • change mentality
  • change lifestyle
  • stay off the internet
  • make better decisions

Exercise and diet is about more than losing weight. It’s your life. You choose to live healthily or poorly. Make the choice now, and make the changes now. Do you research. Find the correct information that you need. Weight loss will happen if you make the correct choices, and live with them. Food and exercise are essentials

Complete nutrition requires ingestion and absorption of vitamins, minerals, essential amino acids from protein and essential fatty acids from fat-containing food, also food energy in the form of carbohydrate, protein, and fat. Dietary habits and choices play a significant role in the quality of life, health and longevity.

Read next:

How to Remain Healthy as a Nursing Student

The Deal with Fad Diets

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