Answer: It is important because budgeting allows you to create a spending plan for your money, it ensures that you will always have enough money for the things you need and the things that are important to you. Following a budget or spending plan will also keep you out of debt or help you work your way out of debt if you are currently in debt.
The Iran hostage crisis ushered in an era in which the greatest foreign policy challenges
facing the United States were the threats posed by conflicts in the Middle East. Today, the United States still finds itself facing similar threats in this region. The wars in Iraq and Afghanistan, diplomatic struggles with Iran, and the ongoing threat
of terrorism continue to create problems for the United States.
