how can a budget help you reach your financial goals?

A budget helps you reach your financial goals by providing a clear plan to manage your money. It helps you track your income and expenses, identify areas to reduce spending, and allocate funds toward your financial goals such as saving, investing, or paying off debt. A budget gives you control over your money, reduces stress, and helps you stay on track by making your goals measurable and achievable within a specific timeframe. This disciplined management allows you to prioritize spending and consistently save, accelerating your progress toward both short-term and long-term financial objectives.