A good-intentioned budgeter wants to budget in their heart of hearts. But sadly, they can’t bring themselves to open the app until their guilt reaches a fever pitch. Because of that, they’re budgeting all over the place and struggle to meet their financial goals.
This person is the exact opposite—they enter every expense the moment it leaves their checking account. They’re constantly thinking about how they can shave money off their expenses and reallocate it into their savings. This seems good on paper, but these budgeters can go overboard with their approach and remain inflexible when they need it most.
This person updates their budgets regularly, acknowledging that their ever-changing circumstances need to be considered in creating a reasonable budget. That said, flexible budgeters can also go a little too far and constantly move the needle further away from their financial goals and closer to that sweater they saw on Instagram.