What are the Effects of not keeping a personal budget?

Answer:
Without a personal budget you will spend all your money on stupid stuff and things you cannot afford, and eventually you will not have enough money to buy food, pay your bills, etc and your car will get repossessed, your home will be foreclosed, and you will be living in a van down by the river.
First answer by ID1658094201. Last edit by ID1658094201. Question popularity: 2 [recommend question].