SBO The psychology of financial budgeting

The psychology of financial budgeting

There are few words in the English language that conjure feelings of scarcity and deprivation than the word “budgeting”.  Our lizard brain responds to the term budget in the same way it responds to the word diet — utter dread. Budgeting, like dieting, sucks because it requires determination. It requires us to be disciplined with our spending habits. It forces…