Budgeting sure sounds like it s all about money, but it should never neglect your health. That s why there are budgeting tips to keep you healthy, at the same time not going bankrupt. The other necessities, like shelter and clothes, should follow. You do not need to live in a mansion. A place with a roof could be enough but to live more comfortably, you can pay to live in low-cost houses. After a short period of time, enough will be accumulated that you can deposit into your savings account. Another problem that goes against your household budgeting is that most consumers overspend because they buy things on impulse. The next time you are tempted into making an impulse buy, ask yourself the following questions: - Should I spend my hard earned money on this? If you think you're responsible enough to use it in emergency situation, then leave one for those times. Buying a Gucci dress for a hot date isn't an emergency situation. Paying for school tuition fee or electric bills is a right example of emergency situation. Only fools keep more than one credit card. In making a zero base budget, you do not need to refer to the previous level of expenditure as basis of a new one. In traditional references are given to the previous year estimates. Factors are given adjustments to arrive at the figures of current year's budget. On the other hand, zero base budgeting starts from scratch. Activity Based Budgeting in Organizations Activity based budgeting is not new. As early as 1990, some organizations in countries like the USA and Australia implemented this new budgeting program to replace the old and known method of budgeting, the "line item budgeting." Activity based budgeting is a method of budgeting in which activities that incur costs in each function of an organization are established and relationships are defined between activities. For those who don t have training or a background in finances, you may be at a disadvantage as you sit around the management table without any knowledge in budgeting process. Budgeting is the process of identifying, gathering, summarizing and communicating financial and non-financial information about your future activities.