Money 2.0: Why We Bust Our Budgets
Hidden Brain
00:00
Unpredictable Expenses Are Predictable
Unpredictable expenses, by definition, are unpredictable. So many of us simply exclude them from our budgets. Even though it's predictable, you might not be incorporating it into your budget because it's infrequent. You realize it's a large expense, but because it's going to occur so infrequently, you don't have a good way of grouping that with other expenses that similarly are infrequent.
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