Personal finance budget is the backbone of any secure and effective financial planning aimed at a comfortable financial future. But the issue is that many of us seems to underestimate the significance of the role of a personal finance budget. Let me give you five significant reasons to show you why a personal finance planning is very important.1. It makes the finance situations of a person clearer. The personal budget is a very powerful tool that helps in identifying the expenses and incomes of the person.2. A personal budget will also help you in identifying and setting new financial goals and make plans accordingly. If you are planning to purchase a car or a house, you and set this as your short term financial aim and then make suitable plans according to this in your budget.3. Budget is not only aimed at saving your money. More significantly you will be able to identify your regular expenses, the things on which you spend unnecessarily and how your income is being spent. You will also have a clear idea on how much savings you are making every month.4. You will also be able to maximize your savings and investments if you are able to follow your budget properly. You will be able save a lot of money that you usually waste on unwanted products, entertainment, gambling etc.5. The budget will make you feel richer. You will be able to make a focused procedure to spend on things that you actually need. So you will find all the money that you used to spend on unwanted products as your savings.