The task of budgeting is very complicated and it has many crucial parts that you cannot forget about! You need to truly understand what all it takes to lay out and carry out a plan of action to get things done, the right way. Most things in the real world need careful planning to your spending so you don't go over the available money you have. You definitely don't want to be negative in the bank! If we make a budget, we will know exactly how much money we need for each activity we plan on doing, from the necessities down to the pair of socks we want to buy. So what are we budgeting you ask?