Budgets & Financing
Budgeting and Financial Planning - Personal spending plans (budgets) can lend structure to your money management. It's a way of organizing the way you use your money by thinking in terms of spending categories and setting priorities. A spending plan establishes boundaries to pace your spending--and it helps you recognize spending limits before you exceed them. Distinguishing between "wants" and "needs" helps in disciplining yourself when you are tempted.
Overspending - There are lots of reasons for overspending, but no good reasons. Overspending hurts us now and in the future. That's why it's important to consider why we overspend, the dangers of overspending, and ways to stretch the money we have.