Stash Explains: Why We Budget

By Stash Team

Why do you need a budget? What are they for, and how, exactly, can they help you?

Budgeting is like going to the dentist. You know you need to do it, but it can be a painful process.

Sitting down and taking a hard look at your finances isn’t necessarily fun, especially if you’ve been dreading it, but it’s necessary if you’re serious about growing your wealth and reaching your goals. In fact, creating a budget is typically the first step toward getting your finances in order.

And it doesn’t need to be like pulling teeth—there are ways to set up a fairly simple and easy budget. All it takes is a little bit of time and effort.

But why do you need a budget? What are they for, and how, exactly, can they help you? Stash’s Charlotte Bailinson and Sam Becker will walk you through it.

Written by

Stash Team

This video was prepared to support the promotion of the investment advisory services of Stash Investments LLC (“Stash”). Please note, the Smart-Save feature is not a savings account offered by a bank. Smart-Save is a feature that may be turned on and connected to the checking account that is linked to your Stash Invest account. This video does not offer to provide investment advice or sell or solicit any offer to buy securities. Investment advisory services are only provided to investors who become Stash clients. Images of account holdings and performance are hypothetical and are provided for information purposes only. Such content is not a guarantee of future performance and is subject to certain risks, uncertainties, and assumptions that are difficult to predict. Stash assumes no obligation to provide notifications of changes in any factors that could affect the information provided. For more information, please visit www.stashinvest.com