419. The Relationship between Budgeting and Poverty

Make friends with your budget. Create one from scratch and keep refining it. Always live within it - this will make you disciplined about money. Your budget is your first line of defence against poverty. Without one, hou have no hope of avoiding red-lining. Keep your budget under review, line by line and week by week. It is not enough just to create it and file it away. It must be a document that you live by.