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I hate budgets. They are rigid, easy to cheat, and entice you to spend MORE.
How to save money and build wealth *without a budget*.
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How to save money and build wealth *without a budget*.
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⇢ Pay yourself first.
With every paycheck, pay all your bills first (automatically).
Then:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✔" title="Fettes Häkchen" aria-label="Emoji: Fettes Häkchen"> Pad your emergency fund
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✔" title="Fettes Häkchen" aria-label="Emoji: Fettes Häkchen"> Fill all of your investment accounts (401k, Roth IRA, etc)
Finally, have some discretionary fun with the rest.
With every paycheck, pay all your bills first (automatically).
Then:
Finally, have some discretionary fun with the rest.
⇢ Track what you spend.
Track. Every. Purchase.
It is IMPOSSIBLE to make smart buying decisions if you& #39;re unaware of your current level of spending.
Don& #39;t want to budget? Okay. TRACK instead.
Track. Every. Purchase.
It is IMPOSSIBLE to make smart buying decisions if you& #39;re unaware of your current level of spending.
Don& #39;t want to budget? Okay. TRACK instead.
⇢ Quit living like the rockstar you aren& #39;t.
"Lifestyle creep turns luxuries into necessities. Avoid it at all costs." -- @TheCalmNCents
Your lifestyle is the biggest DRAIN on your wealth. By far.
Control it, or it will control you.
"Lifestyle creep turns luxuries into necessities. Avoid it at all costs." -- @TheCalmNCents
Your lifestyle is the biggest DRAIN on your wealth. By far.
Control it, or it will control you.
⇢ Ditch your spendy friends.
You& #39;re influenced by those you hang around. Period.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✔" title="Fettes Häkchen" aria-label="Emoji: Fettes Häkchen"> If you hang with spenders, you will spend.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✔" title="Fettes Häkchen" aria-label="Emoji: Fettes Häkchen"> If you hang with savers, you& #39;re more likely to save.
You& #39;re influenced by those you hang around. Period.
⇢ Use technology.
Don& #39;t do things the old-fashioned way, especially if you& #39;re lazy.
@PersonalCapital is a great resource to help track your spending and visualize your financial picture. It& #39;s easy. And, free.
Don& #39;t do things the old-fashioned way, especially if you& #39;re lazy.
@PersonalCapital is a great resource to help track your spending and visualize your financial picture. It& #39;s easy. And, free.
“With the correct systems in place, you will not need to be chained to regular budget check-ins.” -- @FI_Squirrel
The systems:
- Pay bills first
- Automate your savings
- Track your spending
- Control your lifestyle
Do these thing and you won& #39;t need a budget.
The systems:
- Pay bills first
- Automate your savings
- Track your spending
- Control your lifestyle
Do these thing and you won& #39;t need a budget.
