This is optimal finance daily episode 1349

The Elusive Budget and Why You Should Have One

by Lance Lacroy of lacroy financial coaching.com

And I'm your host and personal finance enthusiast, Diana Merriam.

This is a show where I serenage you with the sweet sounds of personal finance knowledge from some

of the best blogs on the planet, with the author's permission of

course. This show is actually one of six shows in our network covering different

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And I have a brand new author for you today. I'll tell you about him right

after the reading. So let's get right to the post and start optimizing your life.

The elusive budget and why you should have one by Lance the Croy of

lacroy financial coaching.com. Our budget's really that bad?

Many people associate the word budget with the idea of restrictions.

They don't want to be on a budget because they don't want to go without a blink. A budget would keep them from

having fun. I'd like to debunk that myth. There was a time when I didn't bother with a budget.

I knew rent from my tiny one bedroom bachelor pad was $400 per month.

It costs $30 every two weeks to fill the tank in my little 2007 forward focus hatchback

and my dog's food was $40 every month. As long as I had that

covered I just needed to keep my belly full and my bank account positive. That choice

...