What is Budgeting Your Life? Most people associate money with a budget, and while that’s true, the concept of budgeting applies to every aspect of your life: Sleep/waking periods Personal hygiene habits and clothing choices What, when and how much you eat Healthcare Expense vs. Need Where you reside and how you ride Career/education goals and how, when, and where you achieve them What you do in your free time and how much time you consider “free” How and how much you spend on your big celebrations Age and identity as a person Faith or lack