I read today that people feel the most toxic financial advice they have received is:
***never eat out and instead invest the money you would have spent on those meals***
Okay, so it makes sense to limit eating out if it does not bring you joy or if you are making healthy choices…
But, NEVER eating out is a bit restrictive. I mean, what about special occasions or when you are traveling?
And, if eating out is one of your favorite pleasures, bon appetit!
When you follow the Income Allocation Method, based on the habits of millionaires, eating out is included in your “Play” account. You can choose to eat out, enjoy your favorite coffee shop drink, treat yourself to some pampering, subscribe to a streaming service, or whatever else brings you joy (assuming you do not exceed what is available in the account).
lf you do not like to budget- or do not like to follow a budget- the Income Allocation Method I teach in my Money Mom Academy may be the answer you have been looking for. It is super easy to set up and follow. Plus, people tend to give you less pushback when you say “I do not have the money in that account” as opposed to “it is not in my budget”.
If you would like to learn more, or have any questions, please DM me. I would love to help you set yourself up for financial success and make empowered financial decisions that work for you.