Making a Budget
It can be very tempting to spend all your money at once. We all see advertisements for products and experiences that may seem like they would improve our lives. An effective budget will allow you to balance your purchases. It should be possible to spend regularly while also saving to achieve long-term goals. Learning to make a budget that balances your needs and wants is an essential life skill.
Governments and companies also release budgets each year which detail their financial plans.