'You need to be smarter with your money' - this is something we often hear. But why?
It can be difficult to fight our impulses on payday, but here are 6 reasons that might persuade you to start taking control of your finances.
1. See the bigger picture
Mapping out your expenses and spending habits will allow you to have a better view of where you might be overspending and allow you take better control of your finances.  
This will aid is curbing any potentially dangerous habits before they have a big impact.
2. Set financial objectives (and stick to them)
Planning, creating, and sticking to a budget is the easiest way to reach your financial objectives.
Sticking to your objectives and achieving your goals can also be extremely rewarding on a personal level, and the discipline practiced is a skill that will serve you well in other aspects of your life. 
3. Prepare for the unexpected
Your geyser just packed up, or your gearbox just gave in. When it rains, it pours. Life is unpredictable and you never know when costly, unforeseen expenses might arise. 
By not overspending and ensuring you have some money kept away, you can take these unfortunate events on the chin and be better prepared for what life has to throw at you.  Try save some of your bonuses for those nasty surprises!
4. See how much debt you can afford
By budgeting, you will be able to see how much you can realistically afford in monthly repayments. This will ensure you keep a clean credit score.
5. Simplify decision making
This is especially important if sharing finances with a partner or household. Budgeting will ensure that everyone is on the same page and simplify the financial decision-making process. 
6. Enjoy your Golden Years
Portioning money to be saved is an essential part of budgeting. Remember to factor in a portion for your retirement. It’s never too early to start, and the more you put away now, the more you will have to enjoy during your Golden Years.  A good guide is a minimum of 15% of your annual income to start off with!