Budgeting = Diet ?

Some people love to live in glamor life and be hedonism . 
Spend lot of money for hanging out to pub or merely go shopping for the wanted stuffs just for the trend sake.
IDK what's wrong with them.. Well, that's none of my business, that's absolutely their will and their right.
I'm just thinking that will be far better for the to spend lot of money in proper way :D
Why don't they saving the money then buy lot of houses, cars, diamonds and having deposito? Jeez, life will never put u always on the top.

For having good living nowadays, we can't simply just through in. Well, we need calculation, speculation and strategis to grow the wealth level of course.. Without those component, u  can be like skydiving without a parachute.

When i worked in one of bank, i was transffered some knowledge about Finance Managerial which is included budgeting and of course how to obtain a health financial.

Well, u can say ur financial is in green zone when total revenue increases more than total cost or if total revenue declines less than total cost.

Subtract ur expenses from ur income to obtain ur net cash flow. If it's positive, plan what to do with the excess. If it's negative or you break even, either find ways to increase your income or cut ur expenses (or both, for even better results). We can do control of our expenses by do budgeting.

Budgeting become the most important part of every financial plan. It doesn't mean restricting what u spend money on and cutting out all the fun in ur life anyway. It’s really about understanding how much money u have, where it goes, and then planning how to best allocate those funds. 

Once u have created a budget, now it’s time to make sure u follow it. Hmmm, i would like to say that budgeting can be like going on a diet—u start with good intentions, but after a few weeks or months u drift away from the plan. Hahahaha.. I admit that :p

U can use make simply budgeting sheet on paper or just use Excel. I always use Excel to create the sheet, so simple..

Credit card is a tool which has two sides effect to ur financial. Unavoidable, by swipping this plastic has become incedibly easy, no need to bring so much cash when u're out shopping,  u can be in and out with a purchase in a matter of seconds. But, u know, if u aren’t careful it can really add up and bust ur budget.

To avoid any chaos in ur budget plan and keep ur daily spending under control is to use cash instead of ur credit cards. Well, it might not be as fast, but it helps u visualize just how much money  u’re actually spending.

Make weekly budget (if needed), monthly budget and annual budget. By the end of those periode, u need to recheck how's ur cash flow.

Then, let's see how far "the diet" drives ur financial become healthier.. :p

Money is a tool that enables you to reach your goals in life, but until you know where your money goes, you can’t make conscious decisions about how to use this tool effectively. - nn