A budget 8s an estimate of income and expenses during a particular time period. If expenditure exceed income, you have a defecit problem. This means that you are living above your income.

 In this article, I will be showing you the uses of personal budget:

 

1. It helps one to plan how to live within one's income.

 

2. It shows you when you when you are not saving for the rainy day.

 

3. It enables families communicate their financial condition to all members

 

4. It helps to control your expenses.

 

5. It shows you how you wish to spread your money in each expense category.

Command and Safety

Putting users in charge of their own Bitcoin transactions helps keep the network safe.

Merchants can't add fees to anything without getting caught. Before adding any fees, they have to talk to the customer.

Payments can be made and completed in Bitcoin without using anyone's personal information.

Identity theft is prevented by Bitcoin because personal information is kept hidden from prying eyes.

To make sure your money is safe, you can back it up and encrypt it.

Information is easy to find.

With the block chain, everyone can see all transactions that have been completed, but personal information is kept secret.

Your public address is what people can see, but this has nothing to do with your personal information.

In the Bitcoin block chain, transactions can be checked by anyone, at any time.