While working, DW and I always lived below our means. We would do a planning budget from time to time to better understand where all the money was going, and used it as a tool to make decisions. Living frugally meant we didn't have to stick to a strict spending budget.
We always made sure our desired level of savings/investments were covered along with all the normal bills in life. With funds for emergencies and planned high dollar buys set aside, we then felt comfortable essentially "running the checking account to zero" each month. That was our way of "budgeting". Credit cards were paid off each month and we never financed any adult toys. We saved and paid cash for those.
We always made sure our desired level of savings/investments were covered along with all the normal bills in life. With funds for emergencies and planned high dollar buys set aside, we then felt comfortable essentially "running the checking account to zero" each month. That was our way of "budgeting". Credit cards were paid off each month and we never financed any adult toys. We saved and paid cash for those.