Well no doubt. It took them this long to realise budgeting is important? I've learnt how to budget since the age of 10, and now it's the thing I do everyday. (With exception for the credit card disaster I've written about previously)
I like to budget. When I do, I even put in extra money just to cover the 'accidental' spendings, and at the end of the month, if I don't end up spending that money, it counts towards savings. Which is great, because I know how much exactly I will have by October this year to go on a holiday with.
The article above suggest people to "budget and invest their money "in a way that makes it work smarter for [their] needs"" - Personally, I don't like investments. Investments to me is risky and likely to collapse with the market trends. What happened to everyone's investment when the global market goes down? All these money just disappear and in the end you are left with nothing but a piece of paper to remind you of your failures.
I like to know exactly where my money is, and I know I can access it anytime, any day. That's why I still prefer to keep my money in banks, and in term deposits where I know they are safe and have a fixed interest rate.
And then, I can start budgeting from that amount. :)
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