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Introduction The art of budgeting is a critical skill for anyone looking to achieve financial well-being. Whether trying to save for a big purchase or simply want to better manage your spendings, understanding how to budget is vital. The Importance of Budgeting A solid budget works as a roadmap for achieving your financial goals. Here are several key reasons why budget planning is crucial: Monetary Security: Having a budget enables you to monitor your earnings and expenditures, aiding you stay on top of your financial situation. Credit Control: Effective budg