29 Oct '16, 11pm

Why you should focus less on Budgeting your Money but Curating your Beliefs and Values for…

In fact, we don’t budget at all! Instead, we operate from the perspective that we’re not going to spend any money. Obviously we do spend money , but not a whole lot of it. When you start from the idea that you can spend up to a certain budget cap, I think you’re almost guaranteed to spend that much . Conversely, if you start from the framework of spending $0, you’re less inclined to incur debits against your long-term goals. Spending is like a gas–I guarantee you it’ll expand to fill whatever space you give it. So rein in that gas! In this same vein, our frugality is successful because we created frugal habits , which we routinely execute on frugal autopilot . We don’t innovate frugality every single day, we just follow the effective frugal lifestyle we’ve devised .

Full article: http://investmentmoats.com/lifestyle-redesign/curate-beli...

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