1. You don’t have a budget
When you don’t have a budget, there’s no need to go crazy about it. Budgeting is actually easier than you thought. In fact, for many people, budgeting is an excellent way to effectively track all of their expenses, because buying your favorite Starbucks coffee every morning might seem like no big deal to you at the time, but do the math: How much do you spend on your Starbucks coffee per month? It adds up, right?
The solution is quite simple… You should plan all of your expenses and write everything down. From groceries to bills, you should make a list that shows a running total of these expenses, followed by how much money you earn in a month. And, of course, if you put them in balance, you will actually know how much you can spend monthly.
