I already blew my Christmas shopping budget; and I’m ashamed. It turns out that in order for my holiday shopping budget to work out successfully, I have to actually create a budget. You see, I make the most basic mistakes when it comes to budgeting.
My great intentions do not make for great success without laying any actual plans, making goals and actually budgeting. Perhaps this makes me someone you think you probably do not want to listen to when it comes to budgeting, but that’s not entirely accurate.
I might fail to do it in my own home in most instances, but I know more about budgeting than you might think; I’m just lazy. All laziness aside, here are some of the most amazingly common budgeting mistakes people make, and precisely how you can avoid making them.