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Optimal Finance Daily - Financial Independence and Money Advice

3064: 4 Budgeting Myths You Should Ignore by Kumiko of The Budget Mom

Mar 7, 2025
10:11

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Episode 3064:

Budgeting doesn’t have to feel restrictive or complicated. Kumiko of The Budget Mom breaks down four common myths that hold people back from taking control of their finances, debunking the idea that budgeting is boring, too much math, or unnecessary. With a simple mindset shift, a budget can become a tool for financial freedom, allowing you to plan for both your needs and wants while creating a future that aligns with your goals.

Read along with the original article(s) here: https://www.thebudgetmom.com/budgeting-lies-vs-truths/

Quotes to ponder:

"If budgeting isn’t fun, you are completely doing it wrong."

"You have to look at budgeting as something that allows you to spend the money you do have on the things that matter most and are the most important to you."

"Your budget is a plan, a guide on how you should spend your future dollars."

Episode references:

Equity Trust: https://www.InvestorUnleashed.com/optimal

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