Beware - Not All Budget Systems Are Created Equally

Budget! We don't need no stinking Budget! We livesections like clothes for you, clothes for spouse,
for the thrill of financial turmoil. That's how ourclothes for children, food, electronics. Come on! Does
parents lived, and that's how we live. It's a strangeanyone really know how much they spend in EACH
attitude to have, but it really is, how most of us live.of those areas? Do they really expect you to come
The real reasons we don't do a Budget is that wehome from shopping and sit down with your receipts
don't want to do all the work (tracking, recording,and divide the numbers up according to which
adding, subtracting, filing, etc.) involved with keeping amember of your family bought what? Get real. A
Budget updated. We also don't - want to know - justreceipt from a department store could take more
how little is left for us to spend, after the bills havetime to file, than the shopping took.
been paid. And then we certainly don't want to cutIn the end, the worst part of all this work is... most
back our spending to stay within the boundaries ofsystems... still only track what you've already done.
the Budget. It just seems to be a bad deal all around.They tell you where you have-spent your money.
Some very sophisticated systems have beenDon't you already know that? Don't get me wrong
developed to try to combat the negative sides ofhere. It's important to know where your money is
budgeting. Unfortunately, the only thing that mostgoing, so you know where you can make changes.
systems have done, is make the problem worse. ForBut most systems leave the hardest part... all up to
example: there are some on-line systems that claimyou. That's the part of actually CONTROLLING your
to be easier because they do all the tracking forFuture spending.
you... by having software connections to ALL of yourAnother downfall of most systems, is that they don't
bank accounts and credit cards! OK, so you don'tmaximize your savings. Have you ever noticed that
have to record each purchase because the systemyour paycheck isn't always the exact same amount?
can read it directly out of your bank. But now it's alsoIt may vary by just a few dollars. But why not save
easier for a hacker to get -ALL- of your financialthose few dollars instead of spending them? Sounds
information with One-Stop shopping. Talk aboutlike I really am against budgets. I'm not. I'm just
Identity Theft.against... well... Stupid Budgets. You know, the kind of
Some other systems sell you an Over Priced, fancybudget systems that try to track the 80 cents you
looking, binder... with a "free" calculator. Then theyspent in the vending machine at work. (Really, if 80
expect you to fill in pages, and pages, of information.cents is that important to your budget... you ARE in
You're expected to group your spending into subtrouble, and need much more help than just a budget.