values

The Many Reasons to Make Do with Less

Posted August 18, 2009 - 05:00 by Philip Brewer

Frugal Living

Suspension bridge

Why would someone choose to have less than they could? Lots of reasons. There are as many ways to live large as there are people who refuse to think small. Over the time I've been writing for Wise Bread, I've expanded my list of reasons by quite a bit.

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A Budget is Not a Constraint

Posted 2 years ago by Philip Brewer

Filed Under: Budgeting

Notebook with draft budget and pen

When people resist the idea of budgets, the most common reason is that they view the budget as an unwelcome constraint. That's completely wrong. A budget is not a constraint. A budget is a tool for maximizing pleasure and satisfaction.

That's not to say that people don't operate under constraints. Everybody has limited resources. Everybody has limited time. Everybody operates with a whole constellation of other constraints: legal, moral, and social, from old obligations to family expectations.

Continue reading "A Budget is Not a Constraint"

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