The Limitations of Budgeting and the Importance of Income in Financial Health

Most personal finance advice falls into one of two camps: one that implicitly assumes that humans need discipline, control, and punishment, and the other that says people are fundamentally good, reasonable, and worthy of trust and confidence.

So when I read Dana Miranda's You Don't Need a Budget and realized her system was in that latter bucket, it challenged my own ideas of "budget culture" and what trusting yourself with money might actually look like. Dana joins us on the show today to talk through it all.

Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/budget-culture.

Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.

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