The Secrets Behind Successful Budgeting – The Simple Dollar

Budgets alone don’t solve all of your problems, just like training wheels alone don’t make you into an expert bicyclist. Instead, both training wheels and budgets teach you the basics and enable you to get started on your path. They can stick around for as long as you need them and you can easily remove them when you feel you’re ready to move forward on your own.

Budgets are not law. They are not a “leash” that you’re going to have to wear for the rest of your life. They are not a prison. They’re more like braces on your teeth.

Budgets are a tool to help you mold your normal behaviors into a set of more financially responsible behaviors, nothing more, nothing less. A budget succeeds when it becomes so transparent that you no longer actually need it, like a six year old who starts being able to fly along on her bicycle with both training wheels off the ground.

via The Secrets Behind Successful Budgeting – The Simple Dollar.

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