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The El Paso

7 reasons personal spending budgets fail

7 reasons personal spending budgets fail
Photo: KVIA ABC-7 · view original

Most budgets don’t fail because the person behind them lacks discipline. They fail because of predictable design flaws: the numbers were optimistic rather than real, irregular expenses were never accounted for, there were too many categories to maintain, or one overspent week made the whole plan...

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