This annual budget is mostly projected on a quarterly basis, with each quarter detailed in months and/or weeks. It is also possible to do budgets good for two to five years. Anything beyond five years generally is impractical because of the possible change in economy in that time span. There are many benefits of business budgeting. ASK FOR DEBT RESTRUCTURE OR AVAIL OF AMNESTY PROGRAM Take advantage of the amnesty program that banks and credit card companies offer. Most especially for the credit card companies, they offer payment of principal amount less the padded interest. This will help make budgeting and managing your debt easier. Financial planners say people are often surprised to see where their money is really going each month. Most people are lucky to have anything left over at the end of the month after all the bills are paid. When someone tries to lose weight, the more they track what they are eating and how much they exercise, they better they do. The water you use for taking a bath can still be used for flushing the toilet or for cleaning the floor. These are only few of the budgeting tips that can keep you healthy, at the same time make you resourceful. You should not evade tax. When you have the right amount, pay immediately. You must not mess with the government to avoid having to undergo disciplinary measures. Home payments and maintenance, utilities, auto maintenance and payments, insurance payments, child care and alimony, education, food, clothing, entertainment and travel are just few of the many things you spend your money on regularly. In today's expensive living, budgeting should be practiced to give you power to rapidly gain control over your complicated spending. We all want to spend our retirement traveling around the world, relaxing on a cruise, or simply go fishing on a lake which is just a few meters away from our own comfy cottage. We all have a dream retirement in our heads. Whatever that is, we can achieve this through budgeting and planning. What to budget on and to plan on: 1.