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In today's here today, gone tomorrow society there are not many people that take the time to create a personal budget. Many feel that they don't really need it; while others just don't want to restrict their spending. With this in mind, it's no wonder that personal bankruptcies are at such an all time high. The advent of credit cards and the wide spread availability of credit itself has allowed people to purchase what they want, when they want, with little to no regard of whether they can really afford it. There is small hope that these patterns of behavior will change in favor of living on a budget until the masses realize all of the advantages of a personal budget.
Living on a budget relieves a great deal of financially related stress. It's always fun to spend money but when the bill comes due, the fun is long gone. A lot of times when this happens people resort to what my grandmother use to call ‘robbing Peter to pay Paul.' In other words, they resort to using one credit......

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Approximate Word Count: 783
Approximate Pages: 4 (250 words per double-spaced page)

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