By Trent Hamm
Jenny writes in with an interesting question that was originally in this morning’s mailbag, but my answer became long enough that I decided to make it into its own post:
I went through all of the budget exercises in the financial guidebook and created a budget for myself. The only problem is that when I was done and I tried to follow it, it felt really restrictive. I stuck to it for a few months, but it was just miserable. I didn’t like how some set of rules told me how I could spend my money.
I guess I don’t understand how people make budgeting work. How did you do it?
First of all, you’re living by a lot of financial rules by simply existing in our current economy. If you have a job, bring home some pay, and keep yourself from being in... More...
