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Personal Finance: Budgeting as the Foundation for Building Wealth

  There is no way to talk about personal finance and investment without discussing the topic of budgeting. Talking about budgeting may sound repetitive, however it is immensely important and one of the most critical factors in the journey of building wealth. In a previous article , we had written about how to overcome the fear of investing , especially in equities, and we emphasized the method of setting aside a percentage of one's earnings periodically to channel into equity investments. That method already incorporates budgeting, the act of determining, setting aside that percentage, and deploying it accordingly. So in this article, let us peel the onions further.

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