Hello Hivians
In everything we do, we tend to set a budget so we won't exceed what is to be spent. Before now, I do go to the market without creating my budget, I believed that once I get to the market I will buy whatever I like but most times, when I get home, after cross checking everything I bought, I will notice that some of the things I needed is not even in the items I bought. It happened to me several times before someone told me to always create a list of things I need, then if after everything, I still have spare, I can then buy other things I wish to.
It is always very important to make a budget especially those who have many kids at home. To some people, they might have more than 5-7 siblings. Even if you're the only one staying alone, you still need to consider to create a budget in order to reduce unnecessary experiences. In situations where there's no much funds, you will have to do a scale of preference, which means you will have to buy things that are in argent needs first before budgeting other ones.
Since I'm staying alone for now, I don't really make too much budget because I have less things to get. Some of the things I consider before making my budget include:
Once I'm able to know the amount at hand, only then will I be able to creat my budget for the week or for the month.
personal budgets: The next budget is to apply scale of preference. I will have to put my pressing needs first before the less pressing ones. I can't just buy those things I think I will use months later when i know I need certain things urgently.
Miscellaneous: once I know that everything I have budgeted for has been achieved, I can now go for my miscellaneous things, it could be to get fashion bags and clothes for myself or any thing at all.