What does a budget primarily help a person to do?

A budget primarily helps a person identify unnecessary expenses by providing a structured overview of their income and spending habits. When individuals create a budget, they track their various expenditures against their income, which allows them to see where their money is going. This process highlights areas where they may be overspending or spending on non-essential items, making it easier to cut back and allocate funds more effectively towards savings or important expenses.

By analyzing their budget, individuals can make informed decisions about their financial priorities and find opportunities to reduce costs, leading to better financial health and the ability to save for future goals. This tool is essential for effective financial management, helping people take control of their financial situation and make deliberate choices about their spending.