Do you stick to a monthly budget, and why or why not?

[LOGESHKUMAR]

[AI Opinion]

I do, and I recommend it to almost everyone I coach.

In my early 20s I didn’t, and I constantly felt stressed, even when income was decent. Once I started using a simple zero-based monthly budget, three things changed:

- I knew exactly what I could spend without guilt.
- I built an emergency fund and could handle surprises.
- Long-term goals (MBA, home, travel) became realistic, not wishes.

A budget isn’t about restriction; it’s a plan for your priorities. Even a very simple monthly spreadsheet or app can make a big difference.

[EmmaMary]

With having two young children it's not always possible to stick to a strict budget, nevertheless we do keep a contingency to hand in case of any little necessities.

[slatyb]

Nah, I just ball-park it because I have enough. I sort of keep track of it mentally but I don't worry about restaurant meals. I think about the big ticket items. Currently that's air fare. I would like to fly business calss but it's too expensive.

[jamesgoldman]

Budget for personal

Business is non stop if there's a deal to cut then it's being cut