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Most personal finance experts recommendcreating a budget to better manage your money and achieve financial independence.
However, diligently tracking every penny isnt for everyone.
Despite its name, the anti-budget is still a budget.
However, its a loose one, with three simple rules.
How Does the Anti-Budget Work?
This lets you prioritize savings without even thinking about it.
This frees you from the need to track every purchase in aspreadsheet or app.
You Find Traditional Budgeting Stressful
Financial concerns are big stressors.
Savings are automated, so you wont forget or be tempted to skip them.
Its an efficient technique to developsolid financial habitswithout needing to be too tight with your daily spending.
Did you make less money this month?
You wont have to go without by contributing anautomatic, set savings amount.
Rather, youll still be saving the same prearranged percentage of your income.
If your income fluctuates or your financial and life goals shift, you might adjust your automated savings.
You Want a Budget for People Who Hate Budgeting
The above is whatThe Penny Hoardercalls the anti-budget.
Budgeting is tedious and time-consuming, Pant stated.
If sitting down and tracking all funds coming in and going out, this method may suit your lifestyle.
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