It’s quiz time. What money management tool is used by over half of all millionaires in the U.S. yet is widely despised by most non-millionaires? Answer: a budget. The lowly budget’s image problem was the focus of a recent article by syndicated columnist Gregory Karp, and I was pleased to be part of the story (). Most non-users seem to think of a budget as a ball and chain. But those who use one say it gives them control over their money and helps them build savings.
h3(matt). Matt’s View
p(matt). If you’d like to give a budget a try, and I highly recommend that you do, I have a “quick start guide” along with simple forms you can download for free on . I can’t vouch for the late Rodney Dangerfield, but I think budgets deserve our respect–and our use.