Gary Poster, with essential assists from Galyn Norwood, Phiroon Phihakendr, Jose Quijada, Pavandeep Kalra. Here is an overview of the most important points of this lesson.
Budgets are a necessary evil.
They're the only practical way to get a grip on your spending so that you can make sure your money is used the way you want it. Creating one generally requires three steps. Use software to save grief. Don't drive yourself nuts. One drawback of monitoring your spending by computer is that it encourages overzealous attention to detail.