There’s a ton of shame-y advice out there about inflation. Here’s how to tune out budget culture and weather this economy on your own terms.
“You don’t have to forgo the things you need to live a healthy and happy life just to avoid taking on debt.” I love that you are saying this, but why does it seem like you’re the only person sharing this truth? Great article! ￼
I think debt is something you should only take on if it's to invest in something that will return value greater than the cost of the debt, such as a house or stocks (though the latter, only during booming markets and if you know what you're doing).
Regarding the title of this article, i would disagree... there are very few situations in which you shouldn't have a household budget, such as, if you are rich or if you have an untouched income stream that cannot deplete, such as a managed trust.
I recently wrote an article on elevating your budgeting skills into a full on financial plan. If you get the time, please take a look, perhaps i might change your view on the subject of budgeting.