What are the Disadvantages of Budgeting?
Well, it does take more time than not. Is peace of mind a disadvantage? Anyone who does a budget is going to have to learn a little bit about their finances. This actually means learning where you are spending and tracking all of the expense, even those that you may not notice before the budget exercise. Yes, this means all items! So it takes time and effort. That’s really the only drawback to budgeting – taking the time to do it! document.getElementById(‘adsense_placeholder_2’).innerHTML = document.getElementById(‘adsense_ad_2_hidden’).innerHTML; How Does One Get Started? There are several sites online that allow downloads of free budget spreadsheets. There are also courses available. Sometimes your city’s continuing education department will run short courses on personal money management. These are hands on and very good for most people. And the expense usually isn’t too much.