Budgeting is a plan you put together on how to spend your money. This is im
portant because it allows you to see how much money you are spending a month and how much extra you have to do other things such as traveling. Once you put a plan together you can see where you need to cut costs and focus on the things that are important to you. This is the absolute best thing to do to be able to make sure you have enough money for the things you need and keeps you from going in debt!