There are many advantages to budgeting.
The first being Peace of Mind. It's so easy to worry about finances. It's one of the things that most of us worry about the most. Finances plays such a giant role in who we are as people, it determines how well you live, the friends you have, even what sports your child plays. The point is that finances are a burden, even more so if you and your family don't have a prepared budget. A budget keeps you on track and lets you know where you stand. The most important reason to have a budget is to be able to reach and set future goals. If you are not budgeting there is a good chance that you are not saving and subsequently there is a good chance that you are not going to retire.