How to rethink your budget | It’s not just about spending less, but spending smarter

Contrary to popular belief, budgeting isn’t actually about restricting yourself and never having fun — it’s about understanding your money, so you can make smarter choices in life.

Why you need to rethink the concept of budgeting

A budget is simply a tool that allows you to stretch your paycheck as far as possible.

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Regardless of how much you make, budgeting is the only way to take, and maintain, control of your life, because being in control of your money is the only way to be in control of your own choices.

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Without any idea of how much you’re spending and what you’re spending on, you’re very likely wasting a lot of money that could be piling up in savings.

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