To Budget or Not to Budget, that is the question!
Also see the associated YouTube Video If you love budgeting, this article may not be for you. However, if you are like me and have failed at budgeting and hate tracking every piece of gum you buy, hopefully, this article will let you know there is hope! Warning: This approach is not designed for people in serious debt; please get help from a reputable organization such as the National Foundation for Credit Counseling at NFCC.org or by calling 800-388-2227. Remember, there is no shame in asking for help. There are several names for what I am about to describe, but for me, I call it successful. Pay yourself first, then have fun with the rest! I have modernized the Budget Envelope System , where you put money into envelopes for different categories, like food, housing, etc., and only spend what is in the envelope. My take is a little different. Step 1. Put it to work before you see it. Work at least one hour for your future. If you are fortu...