top of page
Want to understand where your money is going?
Did You Know?
As of October and November 2021, 24% of adults indicated that they had, or were close to having, difficulty paying bills for that month
40% of Black adults and 35% of Hispanic adults had, or were close to having, difficulty paying bills, compared with 19% of White adults and 11% of Asian adults.
Helps you to ensure you don't spend money you don't have
Helps lead to a happier retirement
Helps you prepare for emergencies
Why Is A Budget Important?
A budget helps create financial stability. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home.
Overall, a budget puts a person on stronger financial footing for both the day-to-day and the long term.
What Are Some Key Reasons to Have a Budget?
There are many reasons to have a budget, depending on the individual.
A budget can often help build financial independence and freedom.
A budget can set you on the right path to achieving your financial goals, spending within your means, saving for retirement, building an emergency fund, and analyzing your spending habits
bottom of page