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In fact, according to a 2024Debt.comsurvey, 90% of Americans budget their money in some form.
Thats according to Dana Miranda, acertified personal finance educatorand the author of You Dont Need a Budget.
However, the reality is that money management doesnt have to be this way.
Here are two ways tocut toxic money habitslike budgeting, according to Miranda.
Consider Intuitive Spending
Intuitive or conscious spending works a bit differently than budgeting.
One pro about this method is that youll be using your money to serve you at the moment.
Additionally, creating a money map is also part of a money date.
This can help organize your goals, your financial commitments and the resources you have access to.
One pro about this method is that it may result in a lotless money stressthan traditional budgeting.
However, a con is that money dates may not be aneffective enough money management methodfor some people.
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