Harness the Power of Budgeting

When you hear the word “budgeting,” your first thought might be that it’s mostly for young people starting out in their careers and adult lives. Yet, budgeting can be important for everyone, no matter their age. And even if you feel that you’re in pretty good financial shape, with a reasonable amount of savings and investments, you can still benefit by establishing a budget or improving your current one.

Here’s what budgeting can do for you:

• Give you feelings of control – Not knowing where your money is going can be bewildering. But when you follow a budget, you’ll get a clear picture of you...