Welcome Lifehacker readers. I'm Ramit Sethi, the author of I Will Teach You To Be Rich.
No nagging budgets. Download a full chapter on how to create a spending plan -- including the exact numbers to use.
A free download from the New York Times best-selling book,
I Will Teach You To Be Rich.
If you've heard yet another "expert" lecture you about keeping a budget, it's easy to start feeling guilty. I tried to keep a budget, but time and time again, I gave up. Who wants to feel bad about how much they spent? And how does that help me going forward?
I took a different approach. I created a Conscious Spending Plan that lets me spend extravagantly on the things I love -- and cut costs mercilessly on the things I don't.
How a Conscious Spending Plan is different than a budget:
- Guilt-free spending: You want to spend $5,000 on a trip to Australia? Or buy $1,000 shoes? Great. Let me show you how, using a "guilt-free" account.
- Specific numbers: It shows you exactly how much you should be spending, saving, and investing.
- Doesn't bug you: Nobody wants to spend hours putting data into spreadsheets or getting nagged by software. This simple plan lets you use a basic outline to decide how you want to spend your money...and then you don't get notified unless you're in danger of going past it. You can live your life without getting nagged by your money software!
I'm making this entire chapter free for download. There's no DRM, no copy protection, nothing. It's part of my full book, I Will Teach You To Be Rich.