Episode 16: Mastering the Anti-Budget
The “anti-budget” is for anyone who's tried every budget solution under the sun and is still struggling. The basic system: money comes into your account, you prioritize bills that are due, you automate retirement, savings, or debt paydown goals, and the rest is for you. If you're paying yourself, you can choose when to pay yourself and plan which bills come out of each pay period - remember, most due dates can be moved. If you can split your paycheck into separate accounts, that's an easy way to contribute to savings goals; if not, automate the transfer so it's out of sight, out of mind. Adjust the automated transfers as income changes, and adjust goals if needed.
Key Takeaways
The anti-budget prioritizes bills and automated savings first, then lets you spend the rest freely.
Most bill due dates can be moved to better match your cash flow.
Splitting a paycheck into separate accounts is an easy way to automate savings.
Automated transfers should be adjusted as income and goals change.
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Music credit: Neon Fairies by Wolves
Note: This episode is from our previous podcast, Confident Money.
