The 8 Different Types of Budgeters

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There’s more than one way to budget, but people often share some qualities that make them fit neatly into one of these eight boxes of budgeters.

1. The Good-Intentioned One

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A good-intentioned budgeter wants to budget in their heart of hearts. But sadly, they can’t bring themselves to open the app until their guilt reaches a fever pitch. Because of that, they’re budgeting all over the place and struggle to meet their financial goals.

2. The Militant One

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This person is the exact opposite—they enter every expense the moment it leaves their checking account. They’re constantly thinking about how they can shave money off their expenses and reallocate it into their savings. This seems good on paper, but these budgeters can go overboard with their approach and remain inflexible when they need it most.

3. The Flexible One

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This person updates their budgets regularly, acknowledging that their ever-changing circumstances need to be considered in creating a reasonable budget. That said, flexible budgeters can also go a little too far and constantly move the needle further away from their financial goals and closer to that sweater they saw on Instagram.

4. The Organized Yet Chaotic One

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This person keeps everything they need to budget, but they have no clue where to find it. Yes, they budget frequently and accurately, which is a good thing. However, their inability to keep things organized makes budgeting much more stressful than it needs to be. Sure, they have a “system,” but the system seems incredibly broken to an outsider.

5. The One Who Won’t Have Fun

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This budgeter isn’t having a great time because they think their budget shouldn’t account for it. These individuals are likely more laser-focused on paying off debt or achieving a major financial goal. Still, it’s vital that every budgeter leaves some room in their finances for fun, even if it’s only a tiny amount.

6. The App User

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This person is constantly downloading new apps to help them with their budgeting. Are they using them? Not always. But hey, it’s nice to know they’re there, right? Even if it means all their financial information isn’t being updated frequently, they at least have the desire to find a financial planning app that works for them. Unfortunately, they don’t realize that you’re never getting anywhere unless you open the app.

7. The Spreadsheet Lover

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This person is the exact opposite of the app user. Despite their frustration with using spreadsheets for their budget, they can’t bring themselves to update and use a more streamlined app. They’re stuck in their ways, and while they work just fine, they’re not educating themselves on resources that could make their financial planning easier.

8. The Measured One

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Finally, the measured one should be the prototype—this budgeter updates their budget frequently but isn’t too hard on themselves when they miss a day or expense here and there. They make room for fun, keep themselves organized, and stay flexible with their expenses if they need to. These are the budgeters who find ways to make and save more money when they need to; be like them!

20 Frugal Tips From the “Grandparents Generation” That Still Apply Today

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Many of today’s grandparents had parents or grandparents who lived through the Great Depression. They adopted many of the frugal living tips they learned and passed them on to their own children.

Grandkids sometimes think that they know everything and that their grandparents are out of touch with today’s world and reality. And while there might be a kernel of truth to that, grandparents still have a wealth of knowledge that can really help. They may need to be tweaked to fit the current world but they are still valuable.

20 Frugal Tips From the “Grandparents Generation” That Still Apply Today

13 Signs You’re Financially Better Off Than the Average American

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Achieving financial stability where you can meet your current financial obligations comfortably and still plan for the future is a goal everyone strives to attain.

However, while you may be able to pay your bills, save for vacations, and afford to dine out occasionally, you may feel left behind, especially if you compare yourself with your peers or others with higher salaries. You may be doing way better financially than the average American.

13 Signs You’re Financially Better Off than the Average American

14 Companies That Will Give You Free Food and Products Just for Asking

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More companies are now offering free samples to get customers to try a new product. Over time, these companies gain loyal customers and can increase their sales. As a customer, you also get to test out free products and sample foods you’ve never tasted.

Read on as we explore some companies that will give you food and products for free just by asking.

14 Companies That Will Give You Free Food and Products Just for Asking

14 Powerful Frugal Living Tips for Middle-Class Americans

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Inflation is high. This means that we don’t all need to understand, but we do understand that prices are high on basically everything. Everything costs more, and things are tough. Basic necessities like housing and healthcare are becoming increasingly unaffordable for most people.

As middle-class Americans adjust to the new reality, here are some powerful frugal living tips that can make our lives easier and better.

14 Powerful Frugal Living Tips for Middle-Class Americans

 

Author: CJ Darnieder

Bio:

CJ is a writer and musician from Chicago.  When he’s not practicing the divine art of stoicism, focusing on achieving a deafening inner quiet, or attempting to reconcile with the inherent powers of the universe, he loves to cook!

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