The act of budgeting is also influenced by culture, our own attitude or habits financial, and the stage we are at in our lives. It is important to know  what these realities represent in the act of budgeting.

The culture we live in, the teachings of our parents, and our philosophies personal relationships about money have a lot of influence in our financial behavior.

When one analyzes the way of budgeting of people, they can be classified, broadly, into three categories:

a) Those who do not budget and do not know their Cash Flow: Usually these people they lack experience in how to plan their expenses and it may even be difficult to calculate your current cash flow. Many times they believe—erroneously—that you need a lot of money to budget. In other cases, people do not plan their  expenses because they do not want or do not want invest time in calculating your cash flow cash and  budgeting.

 To sometimes people believe that budgeting it will be too difficult for them. other people do not believe that their future can be better or that there may be improvements with your own effort.

b) Those with rudimentary budgets: These people can know your flow of current cash, but your planning for
the future is insufficient. For example, they may have a budget that plans for some expenses and short-term  goals, but not look at expenses and long-term goals term. In the same way, you can plan for your long-term goals, regardless of how daily expenses influence your ability to reach them. Or your budget can take into account many expenses short and long term, but not setting goals specific savings to be able to face unforeseen expenses.

Other budgets rudimentary contemplate a single goal financial, regardless of other goals
also important. Other budgets rudimentary are those who set goals very high, without programming the incremental steps that one needs to take to achieve them.

c) Those who budget regularly: These people have adequate budgets and check them from time to time to
make sure they accommodate the changes in their material situations or changes on your personal goals. This people- which can be of any level socio-economic—do not necessarily meet with your budgets all the time,
but some people do and so how they achieve financial independence.