In case I had one hundred dollars now, then fifty dollars would be used in preparing for future plans; thirty dollars would be used in purchasing things that I need, like study materials or clothing, while twenty dollars will be used in doing something fun, such as hanging out with my friends or purchasing games.
Budgeting reduces stress and promotes hauora as it helps in being more confident in financial situation. With regards to Taha Hinengaro, budgeting can reduce stress in spending too much money. Budgeting helps with Taha Whānau through contributions and participation in social activities with friends. In terms of Taha Tinana, budgeting helps in purchasing nutritious food, clothing, and other basic necessities. Finally, budgeting helps in Taha Wairua by feeling safe and responsible in achieving goals.