Government shutdowns, company layoffs, union strikes, illness, family emergencies, major car repairs—these are all very real events and it is likely that you have already or will experience a few of them throughout your life. The question you should ask yourself is not will these things happen, but rather when will they happen. The next questions is “will I be okay when they happen?” Unfortunately, for the majority of families, couples, and individuals, the answer would be quick, "No."
Let's take a look at some statistics. They may surprise you:
Are Budgets REALLY that bad?
Many people associate the word "budget" with the idea of restrictions. They don't want to be on a budget because they don't want to go without *blank*. A budget would keep them from having fun. I'd like to debunk that myth.