Join my free week-long challenge to stop stressing about your money and start taking control of it.

    How to Budget Without a Budget

    1. Kalee

      November 30th, 2016 at 4:23 pm

      I love this type of budgeting! I have an inconsistent income working for myself so figuring out our needs, saving goals and then the other extras really helps. Plus I don’t have to drive myself nuts nickel and dime-ing each day.

    2. Stefanie

      November 30th, 2016 at 4:26 pm

      Same. I just subtract my make or break number from my last months’ income to know how I much I have to leftover to spend on the fun stuff 🙂

    3. Syed

      December 8th, 2016 at 3:19 pm

      This is awesome Stefanie. Kinda similar to what I do but you added some memorable terms!

      I used to use a budgeting software a few years ago and while it was empowering in the beginning, it just got really tedious after a while. And I’m the type of person that needed every dollar accounted for so if things didn’t match up I would spend tons of time looking for the discrepancy. Not very efficient!

      After using the software I found I had a decent amount of money left over each month, so I worked backwards by setting my savings goals and making them automatic every month. Anything left over I could do whatever I wanted with. Much less hassle than using a line item budget.

    4. Stefanie

      December 8th, 2016 at 3:23 pm

      Agreed. Line item budgets can be so tedious. I think what’s most important is that everyone find the system that works best for them, instead of giving up when one method doesn’t work.

    5. Beginner Financial Planning: Where Do I Start?

      March 4th, 2018 at 4:49 pm

      […] surpass the make or break number is the only way to start making progress. If you haven’t read how to budget without a budget please do that first – that is step one. This post is about what you do in step two – […]

    6. Where to Start Investing When You're Broke

      March 30th, 2018 at 12:29 pm

      […] note: If you’re struggling to find cash to invest, check out How to Budget Without a Budget, and learn to prioritize financial goals so that they become as non-negotiable as your […]

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    latest posts

    3 Reasons Your Money Habits Are Failing You

    Millennial Money

    How Getting Married Is Changing How We Manage Our Money

    Love and Money

    Why I Returned My Engagement Ring (But Accepted the Proposal)

    Relationships

    5 Ways to Get Your Finances in Order So You Can Stop Stressing About Money

    Millennial Money

    Top Picks

    Why I Returned My Engagement Ring (But Accepted the Proposal)

    Relationships

    Dating and Money: How to Talk About Money In Your Relationship

    Relationships

    The Trap of Doing What You Love For a Living (And How to Avoid It)

    Career

    What Millennials Need to Know About Net Worth

    Money

    How I Qualified For My First New York City Apartment

    City Life

    what's next

    WANT TO MAKE MORE MONEY?

    FREAKED OUT BY INVESTING?

    CAN’T STOP OVERSPENDING?

    READY TO TALK MONEY WITH YOUR SIGNIFIGANT OTHER?

    Download this worksheet to start sharpening your negotiating skills.

    Learn how to start. Even when you feel broke.

    Try these 5 strategies to help you stop buying stuff you don’t need.

    This cheat sheet will show you how to talk about money at every stage in your relationship.

    download

    download

    watch the video

    READ the post

    Follow

    on Instagram!

    @stefanieoconnell