Budgets are necessary because they help people who need money. Like if you have a started business then you can ask the state for a budget. Or if you work for a school board then you can have a budget for a school event. Or if your working for a city like Glendale they have a budget to throw festival's yearly and there budget is pretty big. Then there is budget cuts like when someone is running out of money then they have a budget cut and if that happens you would have to buy or find cheap stuff to buy.