11 budgeting skills everyone should master

Budgeting. In some of our lives, it's known as "the b-word."

If you've never budgeted before, it can seem like a gargantuan task that only produces something that will make you miserable. And if you consider yourself bad with money or find that you have a difficult time living within your means, budgeting can feel like one more way to fail financially.

But budgeting doesn't have to be any of these things. It doesn't have to take a lot of time and energy, and it can free you so that you can save for the things that you really want. It can also help you understand why you spend the way you do and help you get a handle on it.

The key to making your budget into a friend and not a foe is having the right set of skills to make it happen. Here are a few of those.

Are there any other budgeting skills that are important to you? Which ones are they?

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