Having been in industry for more than twenty-eight years and being involved in business planning and budgeting during that period, I have been conducting training and facilitating EMBA classes on similar topics. In such sessions, I often encourage participants and students to ask question as I have considerable experiences in budgeting for them to pick my brains on. However, in most cases, the time allocated for such seminars or lectures are limited, and participants and students have asked questions regarding my experiences in the topic beyond the contact hours stipulated while others have requested for more literature on the subject. It is with this background that I find motivation to write this book to fulfil the participants' demand for more information and to reach out to a wider audience on the topic of budgeting. This book is thus drawn upon my own experiences as a professional in the field and feedback given by my many participants and students who attended by seminars or classes. It is my hope that this book can provide clarity on the topic and is easily assimilated by all who does budgeting or is studying how to do it. Happy reading and profiting from it.