Conventional wisdom is that you need a budget to manage your money. It’s true that having a budget makes it easier to analyze where you are spending money, and to find places to cut expenses to pay down debt, or to save money.
But making a budget is hard. Keeping it up is even harder.
So, don’t budget. If you are not mathematically inclined, and you think you won’t succeed at budgeting, don’t.
Read our article on how to NOT make a budget for the secret to money management without budgeting.