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In this video, we’re talking about why budgeting doesn’t work for most people and some common budgeting mistakes that most of us make. If you have a budget and can avoid these budgeting mistakes, then I think that will make saving money much easier over the long run.

I’ve had a budget for the past 6 years now because I wanted to get a better understanding of how to save money with a low income that I had at that time. I was constantly living paycheck to paycheck because my expenses were the same as my income, so I started to really think deeply about how I could change that.

The fact is that most people have tried budgeting at some point, and most people have failed at staying within that budget because overspending is still commonly reported. However, I think the reasons for high failure rates with budgeting can be addressed and fixed, so hopefully this video can help you to save money and get ahead financially!


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CHAPTERS:
0:00 - Intro
0:33 - Reason 1
2:29 - Reason 2
5:28 - My Budgeting Tool
6:32 - Reason 3
8:43 - Reason 4
10:06 - Reason 5


CHECK OUT SOME OF MY OTHER VIDEOS:
▶️ Budgeting For Beginners | How I Save 80% of My Income:
▶️ The Bilt Mastercard - 1 Year Later (My Honest Review):
▶️ I Ranked 20 Savings Accounts (Here's What's ACTUALLY Good):



DISCLAIMER: Some of the card links and other products that appear on this website are from companies which Daniel Braun will earn an affiliate commission or referral bonus. Daniel Braun is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.

The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

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