Episode 18 ⋅ 31st August 2021
There are few words in the English language that conjure a sense of dread faster than the word budget. A budget implies scarcity and it's our instinct to overcome scarcity in the best way we know how. So should we just ditch the word “budget” entirely and re-frame this money behaviour as planned spending? We think so.
We've probably all tried to create a budget, then tracked it for a month, fallen off the band wagon…after trying this very cycle again in a few months.
So why is it so darn hard to stick to a budget?
Society tells us that we need to have a budget and if you don't have one…get one asap. OR if you don't stick to it then you're a failure, or in capable of managing your money well.
What's in the episode?
In this episode, Cat and Christine dive into the pros and cons of budgeting and money psychology. Should we just ditch the word “budget” entirely and re-frame this money behaviour as planned spending? We think so.
Specifically, we cover:
Great resources mentioned on the podcast are:
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