There are many reasons why budgeting is important. Asides from managing your  money, some other benefits of creating a budget planner are that it:
➔ Keeps you focused on your goals.
➔ Helps avoid spending money you don’t have.
➔ Build your wealth for retirement.
➔ Prepares you for the worst.
➔ Highlights bad spending habits.
➔ Helps you avoid or get out of debt.