Tag: spending habits

Money Secrets: What Americans Really Spend (and Why They Don’t Budget)
November 22, 2023 Off

Money Secrets: What Americans Really Spend (and Why They Don’t Budget)

By The Admiral Staff

A recent survey by The Penny Hoarder reveals that over half of Americans (55%) don’t budget, and a similar percentage (56%) are unaware of their monthly spending. However, those who do budget are more likely to track expenses and avoid overspending that impacts bill payments. While many non-budgeters cite lack of necessity, time, or organization as reasons, experts emphasize that budgeting is about aligning values with spending. Popular budgeting methods include spreadsheets, zero-based budgeting, and

Revive Your Finances: A Spring Budget Cleanse
March 23, 2023 Off

Revive Your Finances: A Spring Budget Cleanse

By The Admiral Staff

This article suggests a “spring cleaning” for your budget, offering five steps to refresh your financial management. These include identifying and eliminating unnecessary expenses, updating spending limits in budget categories, ensuring spending aligns with your values, considering a different budgeting method (like zero-based or 50/30/20), and utilizing tools or accountability partners to maintain the budget long-term.