Unit 28 Why You Need a Personal Budget Credit can be a friend or a foe. It can be an asset or a liability. If you abuse the privilege, it can ruin future plans. If you find your debts have piled up and you feel out of control, develop a plan to help you solve the problem. Getting out of debt takes a lot of work and self-discipline. It can't be done overnight, but it can be done! In today's world there are few people who take the time to create a personal budget. Some do not see the value in doing so; others simply have no desire to restrict their spending habits. With this in mind, it should surprise no one that the number of personal bankruptcies has reached an all time high. People have reached a point in our society where they buy on impulse with no thoughts on the consequences. In order to reverse this trend people need to become more responsible with their patterns of spending. The personal budget helps an individual accomplish this behavior. A personal budget is a financial plan, which sets limits on the amount of money that will be spent on each category of expenses in a given month. A good budget will take into consideration such factors as: the amount of income being received, retirement savings, and an emergency fund. Many people have no idea exactly where or how they spend a good portion of their money. How many times have you taken money from the ATM only to realize a couple of days later that it is gone? Many times it is difficult to remember how exactly yo spent the money, and often times this money is wasted on foolish and light-hearted purchases. A budget will help prevent this from happening by making a person accountable for the money that they spend. If a person only has $50 left for monthly food expenses then they may decide to give up purchasing that fancy $3 designer cup of coffee. Another great benefit is that a budget portrays an accurate idea of how much an individual can actually afford to pay for various consumer items. Whether it's a house, a car, or a new TV, a person will be able to determine whether or not a certain purchase will fit within their monetary constraints. It is important to realize that simply crating a budget is not enough. This in and of itself will do a person absolutely no good if he does not discipline himself to stick to it. At times this will be very difficult, particularly if a person has established the habit of freely spending without a second thought. However, the long-term benefits of financial freedom, debt free living, and a comfortable retirement far outweigh any potential difficulty. If you have a hard time avoiding impulse buying, leave the credit cards at home. Keeping track of what you buy is another idea. Those purchases add up at the end of the month without you realizing it. Finding ways to reduce spending is hard for many families, but not impossible to do. Everyone in the family should be included in the cutbacks. The more involved the family is in planning ways to reduce spending, the more committed they will be to succeed. It is also a good lesson for your children to learn early in life.
63岁婚纱女王Vera Wang恋上27岁型男
在《哈利·波特》扉页上,罗琳把书献给了这些人……
知识女性收入远不及丈夫 中途隐退渐成趋势
新书称“奶嘴男”感情关系更健康
马斯克的SpaceX将成为全球最大的卫星公司
体坛英语资讯:Esports tournament makes historic debut in SEA Games
美13岁男孩英雄救美 挺身挡枪奇迹生还
研究:常逛博物馆美术馆延年益寿
2月29日“女性表白日”今天你求婚了吗?
美国老板掏钱让员工度假 需远离工作
国内英语资讯:China urges intl community to continue adhering to one-China principle
国内英语资讯:More inclusive financing pledged for Chinas small businesses
国际英语资讯:S. African president vows to drive inclusive growth, investment in 2020
国际英语资讯:Spotlight: U.S. tech companies eye closer cooperation with China
体坛英语资讯:Chinese teen Titans ready to showcase potential at Junior Presidents Cup
外媒爆好时巧克力出情人节特别款,看起来超诱人
春节英语作文带翻译
体坛英语资讯:Ex-Real Madrid midfielder Silva on comeback trail
“鬼魂”阻挠日本地震灾后重建
国内英语资讯:Chinas assets of public offering of funds set new record in 2019
国内英语资讯:Chinese vice premier stresses comfortable, safe holiday travel rush
体坛英语资讯:Chinese world No.1 pairs among nominees for badminton players of the year
国内英语资讯:China expresses regards to ethical role models
国内英语资讯:FOCAC leads intl cooperation with Africa: Chinese FM
国际英语资讯:New Sultan of Oman announces to follow footsteps of late Qaboos
国际英语资讯:6 candidates to appear in 7th Democratic presidential primary debate
国内英语资讯:WeChat Pay becomes more prevalent in China: report
体坛英语资讯:Preview: Straightforward looking home games for Barca and Madrid in Matchday 16
美国发生iPhone4充电时自燃爆炸事件
Danger of Noise 噪音的危害
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |