Say that you like to eat well. If you spend money on food and eat well three times a day, you can put up with having to scrimp on clothes and transport. But if you cut your budget across the board you’re more like to find yourself blowing money because of stress.
When I was a student and had to hardcore budget, first was rent, second was “social Friday beer”, and only then came the food budget. Nowadays, beer wouldn’t be second, but it was the goal that reminded me why I couldn’t blow my money too quickly.
Someone once said to budget the luxuries first.
Say that you like to eat well. If you spend money on food and eat well three times a day, you can put up with having to scrimp on clothes and transport. But if you cut your budget across the board you’re more like to find yourself blowing money because of stress.
It is great for your mental health.
When I was a student and had to hardcore budget, first was rent, second was “social Friday beer”, and only then came the food budget. Nowadays, beer wouldn’t be second, but it was the goal that reminded me why I couldn’t blow my money too quickly.