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Introduction In today's ever-changing world, financial management is more essential than ever. Whether you're setting aside funds for future plans or simply want to better manage your spendings, understanding how to budget is vital. The Importance of Budgeting Creating and adhering to a realistic budget ensures that you live within your means. Here are some important factors why budgeting is essential: Financial Stability: Budgeting allows you to track your earnings and expenditures, helping you stay on top of your financial situation. Credit Control: Effective
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