Saving with Scrubs

This week in the wonderful class of economics we touched on a very important topic for everyone: budget.  Everyone should have one but many people in this country do not because they feel as if they do not need one.  We watched a video starring Scrubs star Donald Faison who taught us that even if you have a good career and make money, it is important that you still have a budget.  We witnessed different people living 3 different lives who believe the right idea is to have a budget.  One person was from a famous music group and even though they were pretty popular, she told us that it is always best to keep a budget.  Another person was in $30,000 worth of debt.  Crazy!  She talked about how she should have started a budget and kept a closer eye on what she was spending, plus she has to work even twice as hard to get out of debt.  The other person bought a television worth $2000 but spent less money on his furniture and talks about how he lives on a budget.  For him it is difficult but he knows he is saving himself from money troubles and stress.  The video also talked about how it is better to use cash instead of a credit card because you can actually see how much money you are spending and only have a limit amount in your wallet.  The video was really interesting and definitely helped me to understand why it is so important to keep a budget.