Do You Maintain a Budget?
With the fast increasing prices of commodities nowadays, it is a very good idea to maintain a budget. In our family, we actually maintain a 15 days budget for the things that we need since pay day comes on the 15th and on the 30th of each month. I know it will be very easy for money to just vanish away when you are not watchful on your spending.
If you don't want to end up in accumulating a lot of debt, better stick to your budget and discipline yourself not to spend to much on things that you don't really need and you just can't afford. But then again, if you have so much extra, then why not spare some amount for things that you want.
How is your spending discipline?