4 ms·
By not budgeting. One of the many benefits of being frugal and moderate is that I don't have to worry about a budget. I save most of my money in accounts and i
by VoodooJuJu 3y ago
By not budgeting.
One of the many benefits of being frugal and moderate is that I don't have to worry about a budget. I save most of my money in accounts and in a sock under my bed. I have ample funds for emergencies and occasional gifts. I don't need to worry about daily spending limits because I'm not spending daily. I only buy what I need. And when I need it, there's always enough money to buy it.
It's freeing.
- milesvp 3y agoI would tend to agree with this. But as a frugal person, I find I don’t spend enough money on certain categories. One, often forgotten, value of a budget is to learn where you’re underspending and help enforce that. For me this is often education that disguises itself as entertainment (think books, dev kits, art supplies), travel, and random minor home improvements that don’t come out of the upkeep fund. I’m very good at saving, but I’m terrible at spending on things that could actually make a qualitative difference in my life. So budgeting can help remind me I’m not spending enough on these things.
- simonmic 3y agoIndeed!