Raise your hand if you've ever tried to stick to a food budget and failed. You're not alone. That's because budgets (for food and in general) are often too rigid, says Jennifer Faherty, a certified financial planner and the founder of Financial Wealthbeing. Budgets are great in theory, but they don't always work in real life or allow for unplanned things to happen, she points out.
We asked Faherty to take a look at three old-fashioned budgeting rules that, really, no longer apply — and how to adjust them to work for modern times.
0 Comments