A Different Way to Budget
I have a friend who swears the idea of a budget just doesn't work for her. "There's always some need I don't account for, or I forget to keep track of spending and overspend in some area." It is hard to keep track of every penny. And sometimes prices go up more than you expect, and then your budget has to be redone. Just because I've been using a budget for years doesn't mean I never have to make adjustments or that the concept works perfectly for everyone. So I asked my friend to describe what she does do, since she doesn't seem to have problems with overdrawing her checking account or being late with bill payments. Whatever she's doing is working well for her, so maybe it's a solution for many people who have had trouble with, or just don't like, traditional budgeting. The 2 step non-budget plan My friend's idea is straightforward and certainly worth trying to see if it works for you. 1. Pay now. Whenever you get a paycheck, i...