Everybody, from the business world to stay-at-home moms, needs a budget. Those who have budgets are better able to know their financial goals and have control on their spending in such a way that these goals are made achievable.
If you ask different people about budgets, most likely you will get different answers. To homemakers, a budget is an essential factor to keep the financial equilibrium of the entire household. To staff members, budgets get in the way of proposed activities. To finance committees, budgets hold staff members accountable. To most, it consumes too much time and effort. However, budgets are important to any person or organization's success.
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