6 Budgeting Mistakes You’re Probably Making

May 20, 2019 by Bethany Frank

According to one 2016 report, only 32 percent of households in the U.S. have a steady budget they follow. Writer Emma Loewe suggests six things that are probably holding most people back from creating and sticking to a budget.

From failing to account for every little expense, to failing to create a budget in the first place, there are plenty of traps that keep one from establishing a solid budget. It can be difficult to get in the groove of things, but once you do, the potential savings and financial stability is worth it.

But making a budget is only the first step. Just as it can be difficult to stick to an exercise plan once a gym membership is activated, it can be difficult to stick to a budget even after you’ve made one. Check out Emma’s article to learn about some common budgeting pitfalls and how you can avoid them here.

 

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