The attachment blogs show why people need a budget and how people can form a budget by software in a more efficient way.

People need budget not because of you need a perfect balance of payment but you need to be in charge. “ In charge” in someway means you need to be in control of how you pay your bill. The balance between long-term and short-term goal is what budget do. Retrospect to what we have study in Economics, when we consider a consumption decision, it is a capital good or not is significant.

That is what the software can help us, it can distinguish the type of consumption you do today and analyze the expected return of future (if it has). Help you to make decision in more technical way. Also, the software can analyze if your consumption is “healthy” and warn you. If you weight more in consume food than you expect but you total spending is in budget constrain, people turns to ignore those difference, however, it may put potential threat in your future budget.

In my point of view, an organized budget not only necessary means you have a excellent financial plan but also you get an predicted overview of how your daily life goes. Every aspect of your life will be changed subsequently cause you are an more self-consistent person.

Reference:

Miller, Amy. “Staying on budget might be easier than you think.” Amy Miller. Excel Blog, 31 Mar 2011. Web. 9 Nov. 2013.