Tuesday, 12 April 2011

the effect of not keeping a personal budget


            People now days like to spend their money on wasted things such as changing new hand phone or clothes every month, buying jewelers and much more. If we don’t save our money, we can get more effect of it. Did you all know the effect of not keeping a personal budget? The effect is it will make difficult for us if we had an emergency, it may makes our life in danger and it will make our family life very difficult.

            The effect of not keeping a personal budget is it will make difficult for us if we had an emergency. Example, if we had used more money for unnecessary needs and if we don’t keeping a budget, we can’t use our money to pay a bill or something more important. In addition, it will make us to lend money from everyone.

            Moreover, the other effect of not keeping a personal budget is it may make our life in danger. The reason is, if we not keeping a budget, we may borrow the money from an illegal loan like Chetti, Ah Long or other else. Therefore, if we do not have money to pay to them it will make our life as well as our family miserable.

            Besides that, the effect of not keeping a personal budget is it will make our family lives very difficult. As a result, we can see a problem from the family whom had difficulty on money. Example, a marriage couple had divorce because they do not have money to survive their own family.

             In conclusion, this effect will make us and our family lives unhappy because of our own mistake not to keeping a budget. So, we should keep a personal budget to make our life easy and happy.

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