Budgets are an essential part of entrepreneurship. Budgets are a way of maintaining functionality and order to projects. Without budgets, things could happen unexpectedly. The “Why do we need budgets?” question corresponds with the journal question from a previous journal, “How well do I plan and organize?” Budgeting is an important step to planning. If done the right way, then budgeting can be the stepping stone to a successful business. Budgeting can help plan for unexpected expenses that may come up. A budget also gives room to expand a business. For example, if there is enough room in the budget, it can grow, and money can be used in other areas, such as marketing. Budgets, however, should be adjusted according to need. Another example is if the application needs better security, then the budget should have money to upgrade the security. Budgeting can greatly benefit the business and its progress.