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Episode 2917:

Kalen Bruce explains why budgeting works for some but isn't necessary for everyone. While he personally finds value in budgeting for freedom and peace of mind, he acknowledges that many people can succeed without a budget if they prioritize key financial habits like saving for retirement, securing insurance, and preparing for large expenses. The choice comes down to what works best for your financial goals and lifestyle.

Read along with the original article(s) here: https://moneyminiblog.com/budgeting/why-i-budget-and-why-you-dont-have-to

Quotes to ponder:

"I budget for the sake of freedom. I know that I can buy everything in my budget, when I spend every cent on paper before the month starts."

"If you will set these things to automatically come off the top of your income, you will be set up for success, and you can freely spend the rest of your money on whatever you want."

"You may hate budgeting. If so, welcome to the majority!"

Episode references:

Procrastinate on Purpose by Rory Vaden: https://www.amazon.com/Procrastinate-Purpose-Doing-Multiply-Time/dp/0399170634

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