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Why Traditional Budgeting Fails and What’s Missing from Your Money Plan

NerdWallet's Smart Money Podcast

CHAPTER

Beyond Debt: Rethinking Money Management

This chapter discusses the disillusionment that can arise from traditional financial advice focused on aggressive debt repayment. It argues for a more nuanced and individualized approach to personal finance, emphasizing the importance of aligning financial choices with core values. The speakers introduce practical steps to improve money management and encourage a positive mindset towards spending, moving beyond conventional budgeting methods.

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