Bangalore: If you want to keep a control on the flow of money that you spend without any realization than it is essential that you make a budget. It doesn't matter if you're living paycheck to paycheck or earning a good chunk of amount a year, you need to know where your money is going if you want to have a handle on your finances. Whether you think you do or not, you do. But many people trick themselves into thinking they don't need any sort of budget at all. The reasons why people don't budget do vary, but here are just a few of the reasons why most of the people shun budgeting. I Don't Need to Budget Many people don't realize the need for budgeting until and unless their financial life is stormed. Many believe that they don't require budgeting because they are perfectly managing their finances. Most of the people deceive themselves with the notion that they don't need a budget. They think they make enough money and they save enough money so that they don't need to budget. Bu t the fact is that whether you are a billionaire or a common man, budgeting is very important for a secure financial life. Budgeting ensures that you living withing your means and also live the life you want to live. And a budget makes certain that you're making the most of your money.