What are some of the advantages that you can see for budgeting? are there any disadvantages? do you foresee yourself keeping a budget in the coming years? why (not)?

Pros:
Having extra money or reserve money for emergencies

Prevents you from going broke or bankruptcy

Cons:
Budgeting may affect your quality of life: cheaper is not always better

Inaccurate amounts. Not budgeting enough or directing too much money on things that don't take priority in life.

Time consuming: It takes time to make a budget perfect for you.

Pro/ Con: Consistency May encourage you to stick to budget or discourage you.