How can you get control of your spending without dedicating your life to it? This allows him to prefund his expenses, keep his spending in check and avoid having to track every penny, which I love but he hates. You can then use that assessment and this spending system to make sure that your spending your money on what means most to you. For your security/safety bucket, you’ll have your emergency fund that will hold three-to-six months of your living expenses. You’re creating a spending plan to ensure that you use your money in a way that you want to.

Source: Forbes May 13, 2018 22:30 UTC