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Salon
Salon
Politics
Dana Miranda

Why personal budgets don't work

When I tell people budgeting doesn’t work, a major worry is that they won’t know what’s going on with their money if they don’t keep track of a budget.

But eliminating budgeting from your life doesn’t mean ignoring your financial obligations, plans or goals. You can keep tabs on your financial situation without planning for every dollar or restricting spending on things that bring joy to your day.

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