Yikes. You heard me, I don’t use a budget.
First before I get ripped a new one, that’s not to say I have never used a budget. I most certainly have and probably with success. However more recently, I’ve either started to use one and quit halfway through a month, or just haven’t at all. I make enough to sustain my living (obviously) but somewhere down the road in the past few years I’ve found a budget more daunting than useful.
BUT that’s all about to change. I get paid on Friday, and I’m going to start with tracking my expenses again and giving every dollar a job. That means I’ll need to create and use a budget. I’ve checked out a few templates via Budgets are $exy, so I’ll start by checking those out again and maybe using one to start.
I track what I eat on a daily basis, my workouts, and even my progress at work. So why the hell am I not tracking my financial progress other than knowing what’s paid off and what isn’t?
How do you budget? Do you go old school with excel or pen and paper or do you use an online budgeting tool like YNAB, Mint, etc?