Budgets can be like New Year’s Resolutions – we start them with the best of intentions but after a few months they kind of fall to the wayside and we cross our fingers and pray that nobody asks how we’re progressing. But the unfortunate fact is, putting your head in the sand and ignoring your budget (or lack thereof) won’t make your financial woes disappear.
For many people, it sounds incredibly restrictive to be “tied down” to a budget. I completely get that. And based on your personal financial situation, you may need to set a more restrictive budget at least for the short-term.Read more »