.... For one thing, your outgoings need to be flexible enough that cutting down on them is actually possible: if your extra few days scraping the bottom of your account means you don’t go out to the pub, fine; if it means you don’t eat, that’s less helpful. For another, you need to be just the right sort of irrational: bad enough at financial restraint that simply making a budget and sticking to it hasn’t worked, but good enough at it that when you do run out of money in a given month you don’t just transfer money
back out of the Chip savings account and carry on partying. ...
[Read full article on Guardian
Thursday 6th of July 2017 10:33:47 AM