 TITLE: 4 Types of Budget Plans to Know About CONTENT: How Budgeting Can Improve Your Finances\n---------------------------------------\nA budget is one of the simplest elements of a financial plan, but it also provides a solid foundation for financial success.\nThe greatest resource a budget provides is information. Understanding exactly where your money goes can help you change how you spend so that you're more likely to achieve your financial goals.\nFor example, if you want to start making extra debt payments or put more money in your emergency fund, all you have to do is look at your budget to determine which expenses to cut back on and how to reallocate that money toward your objective. END