Yeah I studied Finance, so I budget at home, budget at work, budget for organizations where I volunteer. People are scared of money.

Budgeting has always been the toughest part in my life. I a a free spender. I don't make too much preplanning before I usually but anything. Yes, one can think that I might have a lot more than you need for survival. I actually do have lot of passive earning options, like agriculture, tenents, transport business, a school and of course our dear Bitcoin.

You need to spend less than what you make. That's it.

I like to see this at different frequencies.

For example, salaries are usually calculated annually but I calculate how much money I make per hour, day, week, month, etc.

Then I also calculate every expense I have per day, month, year, etc.

Then it is easy to see where I should cut down and where I can spend more on.

So, yeah, I do have a budget.

I don't stick to a strict budget because it makes me feel like I have to spend all the money allocated. Instead, I carefully consider every purchase. For essentials, I don't think twice and buy them without much thought. However, for more expensive items, I never buy on impulse. I wait a few days to see if it was just a whim or if I really want/need it.

No budget for me.

I manage cash flow and invoices

I save 10 percent of my income and get by on 90 percent.

Yes I'm doing something called envelope budgeting since a while back. Previous I just set a side a fixed amout of fiat for bitcoin and savings the first thing when the pay check arrived.

Today I'm budgeting more granual to have more options to change my behaviour.

A tool I use is https://actualbudget.org

Roughly.

Kept a meticulous home made spreadsheet budget when my expenses were week to week / month to month, but not so much anymore. Instead I have separate checking accounts that I load up twice a month with set amounts for different types of expenses.

For example, food/gas is a checking account that gets X amount on the 1st and 15th. Bills is a checking account, and that's easy enough because I know what those are going to be every month. Other less frequent expenses are loosely categorized into a few other other checking accounts that slowly increase with each pay day.

Sort of a digital "envelope method", so I'm still keeping track of what is going where.

I used to keep a budget using app, and at the time it helped me visually see where my money was being spent and my spending to saving ratio month to month. However, that has since changed and I no longer budget in the conventional sense. What Bitcoin has taught me is that money is a tool, a very powerful one, and is a tool everyone must take the time to learn, or else some other not well intentioned people will use it in order to control you. It also has taught me both the importance of saving as well as learning to deploy capital in a mindful manner. Therefore, I no longer keep a budget, instead I'm much more mindful when I spend my money. And outside of the money that is saved for emergencies and inheritance, money is meant to be spent and deployed, it's just up to the individual whether or not they spend it in a way that benefits their life long term or makes them broke. Thus, I'm much more confident in the way I spend money and nowadays rarely second guess or regret any purchases because I have more clarity in what I want and what I need in order to improve and enjoy my life.

For a number of years I was using cash only and envelopes (learned from Dave Ramsey's course in 2006). I had envelopes for food, rent, gas, and those types of things, as well as an envelope for every monthly or annual expense, such as an annual gym membership. I broke down all expenses into the correct amount to place into the envelope every two weeks, and ensured the amount I was adding would add up to the correct amount on the day I needed it. I went to the bank when I was paid every two weeks and got the correct amount of cash in the correct denominations to fill all the envelopes. I had an envelope for six months of expenses that I filled up with the extra money I had. It worked beautifully.

Then I moved to Mexico, and stopped most of the above. Moving money between countries, paying currency exchange fees, not knowing what the Mexican government will do seeing all this money moving in and out of a Mexican bank account, and keeping that much cash in my home were all problematic. Now there are two envelopes for spending; food and household. All other items are usually paid with a credit card (I avoided credit cards for a long time) and paid off in full every month.

Yes, I find it not only helpful but kind of therapeutic to plan and maintain a pretty meticulous budget.

You need a budget is a great tool for this imo - takes a bit to get used to it / up and running but I’ve used it for years and love it

I feel like I'm also a careful spender. It might be something a lot of bitcoiners have in common.

As for budgeting, we keep a bit extra in case a bunch of bills come around the same time. I give about 2/3 of my salary to my wife who manages the daily purchases etc. Then the rest goes into the corn

Yes, it's thanks to budgeting that I noticed savings were being cleaned out, and I needed to do something with it, setting aside funds was the easy part, finding a way to store it long term sent me down so many rabbit holes, stocks, ETFs, bitcoin, altcoins, tax efficient accounts lol FML, its a miracle I made it through and I get why so many people don't even want to deal with it

I don't keep a set figure budget, my credit cards cap is my budget, I use credit for most of my stuff but never spend more than I can service before the 55 days without interest and the rest I put to long term storage and a small emergency cash fund which I accept keeps getting devalued and I've marked as 0 in my head

YES.

I keep a budget but my wife doesn't. Oh the sats she could have acquired. Fortunately she doesn't have expensive taste so can't do too much damage.

Yes, I have been using a budget and recording all my expenses for years.

For me, is the only way to know where the money is going to...And if I've spent too much in one category, I know where I need to cut back.

I do it in an excel, no app.

I don't necessarily have a strict budget, but I do track everything I spend. It allows me to easily see the areas I can trim back.

I set aside a small amount every week as spending money to be used for something that isn't a necessity. Whenever I see something I like, I save pictures and information about it to a wishlist and start saving toward it. I've found that waiting a few weeks and "saving up" before making a larger purchase almost completely eliminates the mistakes that can be made with impulse purchases.

No, but I should. I'm mostly conscious with our spending, but it would be nice to find out where we overspend. I've been thinking about this recently.

Pay yourself first. After a few years of work I went from meticulous recording to socking away 20% of income right off the top. Not as satisfying for my nerd brain but way more effective.

I do not keep a budget. For me, that is scarcity mind set. I trust that I always have enough and therefore I do. I grew up pretty poor, and I think it helped me learn that there is nothing to fear when it comes to having money and getting my needs met. I have not worked a regular job for years. I spend money on things I want, when I want them. If I have the money to do something, I do it. That being said, I live incredibly simply. I almost never plan things. I leave it up to the universe and somehow it always works out. For me, budgeting is a bit like having insurance or wearing a seatbelt. It is telling the universe that I am afraid of something bad happening. And if I have fear, I am more likely to attract that outcome. So instead, I focus on leading from the heart. No budget, no plans, just living in the now. Maybe this is a stupid way to live. Works for me though.

I don't budget. I keep what I need to pay my bills, and put most of what remains into bitcoin, which is probably around 60% of my income.

When I decide I want to buy something discretionary, I add it to my wish list. I revise the wish list periodically, remove some things from it, reprioritize them, and occasionally, when I feel it's high time or it's justified, I'll buy something. For example, a new thermostat, mattress or fruit tree to improve my citadel, make it more efficient, productive etc.

Keeping items on the wish list for months or years gives me plenty of time to think whether I really need them, and allows me to benefit from the ever-falling prices.