Budgeting & Saving Matter More Than Ever - Why Budgeting and Saving Are Important
- davidewhitebooks
- Apr 8
- 4 min read
Updated: Nov 15
Welcome, I’m so glad you’re here. If you've ever wondered why budgeting and saving are important, you'll find helpful answers and simple strategies here.
If you’re anything like me (and many others right now), you’ve probably felt the strain of rising prices, uncertain markets, and that feeling that your paycheck just doesn’t stretch the way it used to.
It’s a shared reality. Studies show that nearly 60% of Americans live paycheck to paycheck. That stat isn’t meant to scare or shame anyone; it’s simply a reminder that we’re not alone in this.
That’s one of the reasons I started this blog: to create a space where we can have real, down-to-earth conversations about money, budgeting, saving, and building a sense of control over our financial lives.
Why I Started This Blog: To show why budgeting and saving are important.
Over the years, I’ve seen how financial stress can weigh people down, individuals, families, and entire communities. I’ve also seen the confidence and peace that can come when we start learning to manage our money in small, steady ways.
I’m not here as an expert who has it all figured out; I’m just someone who’s learned a few things through writing, research, trial, and error. This blog is a way to explore those ideas with you and pass along what’s worked for me and others.
Here, we’ll explore:
The basics of budgeting
Long-term saving habits
Simple financial principles like my updated 65-10-15-10 thinking
And some of the economic trends that affect our day-to-day spending and decisions
What is my updated 65-10-15-10 Thinking?
* 65% for Needs (housing, food, transportation, insurance)
* 10% for Savings (emergency fund, short-term goals)
* 15% for Investing & Growth (retirement, wealth building)
* 10% for Giving or Debt Payoff
It’s not about being rigid; it’s just a helpful way to think about money that brings balance and intention:
Example:
If you bring home $ 5,000 per month, you'll have...
$3,250.00 for Needs
$500.00 for Saving
$750.00 for Investing
$500.00 for Giving
It's not about perfecting it; It's about creating momentum in the right direction.
Want a practical tool to implement the 65/10/15/10 budgeting plan? The Budget Planner, Monthly Budget Book with Expense Tracker Notebook is Amazon’s top seller in account books. It is perfect for recording monthly expenses, tracking savings, and meeting financial goals.
Get the Budget Planner on Amazon
It’s undated, easy to carry, and built to help you stay organized without missing a single month.
Purchase on Amazon at:
What You Can Expect Here
Each week, I’ll share a mix of thoughts, including budgeting strategies, excerpts from my books, reflections on money mindset, and practical tools that have helped me and others gain more clarity and control.
Whether you’re just starting to think seriously about your finances or planning for retirement, you’re welcome here. There’s room at the table for all of us.
Ready to put your savings plan into action?
The next step is building a cash buffer that protects you from life’s surprises.
Stay Connected
Feel free to explore the books below that I have published. More titles are on the way. I look forward to sharing new insights and resources with you. Thank you for being part of the journey.
📘 HOW TO BUDGET & SAVE
UNLOCK FINANCIAL FREEDOM: SIMPLE BUDGETING STRATEGIES FOR EVERY INCOME LEVEL
It’s a practical, no-nonsense guide to building financial confidence, no matter where you start.
Kindle eBook: https://amzn.to/496Y96M
Paperback: https://amzn.to/4epX4aU
📙 RETIREMENT PLANNING HANDBOOK
Your Guide to Financial Freedom, Health, and Happiness in the Golden Years
This book shows you how to prepare for retirement with confidence. It covers money, health, daily living, and staying connected so you can enjoy a balanced, fulfilling life in your golden years.
Kindle eBook: https://amzn.to/47yDO9m
Paperback: https://amzn.to/4lptFQp
📗 PERSONAL FINANCE FOR TEENS AND PARENTS
How to Budget, Save, and Invest as a Family for a Lifetime of Financial Success
This is my newest published release. It teaches families how to discuss finances, set goals, and invest together as a team. It’s about building confidence, creating habits, and growing together.
Kindle eBook: https://amzn.to/49bmFnh
Paperback: https://amzn.to/4otKmMk
Disclosure:
These are affiliate links, which means I may earn a small commission if you make a purchase, at no additional cost to you. Your support helps keep this blog going.
If you find a post that resonates with you, I’d love it if you could share it with someone who might benefit from it. That’s how we grow together.
Thank you for being here. Here’s to building something meaningful, one smart step at a time.
Through my books and blogs, I encourage individuals and families to take small steps toward lasting financial well-being because every decision matters.
David E. White
Veteran | Author | Blogger | Financial Educator
Over 20 Years of Business Ownership Experience
NEW Vision, LLC
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