Stop Budgeting! Do This Instead
Budgeting is a lot like dieting -- and dieting sucks, which is why I don't do either of them. Yes, I'm a certified financial planner without a budget because I believe there are other things to do with your finances that will get you results faster.
It's like losing weight. A lot people get up early, go to the gym, work out really hard and still don't see the progress they're looking for on the scale, so they give up. But if they got 8 hours of sleep every night and cut out soda, they'd make a bigger impact and see the pounds start to drop.
I recently lost 5 pounds by cutting out soda and cutting back on eating other carbs. So how can you apply this idea to your finances?
The Biggest Secret Towards Improving Your Finances
Earn more money. There are a lot of ways you could be improving your finances but one of the easiest is to increase your income. If you were making more money you could pay down debt faster, build your savings rapidly, increase your retirement contributions and more! And you could do all of this without having to change your current spending.
