Sometimes the Best Thing You Can Do for Your Budget Is Nothing.

This is tax season, which means that many people are already planning to spend the refunds they are saving. When that check finally comes, here’s a great idea of ​​what to do with it: nothing.

As personal finance site Mortimer’s Money Machines explains, while there are many ways to improve your budget, one of the trickiest tricks is to do nothing at all. Tired of your current car and want something new? Nothing to do. See how your investment falls for a couple of days? Do nothing . Just get a raise (or tax return) and you wonder how best to spend it? Have you tried anything?

How many times in your life have you reached a new milestone, received a pay raise, promotion or bonus, and heard someone say, “So, what are you going to do to celebrate?” It is usually implied that now, finally, you can buy some wonderful thing that you dreamed of all the time while you worked hard to generate new income …

Fortunately, our new financial discipline paid dividends immediately. We decided not to do anything. And the more I look at this situation, the more I understand that doing nothing is the most reasonable thing to do.

There are times when you need to change your budget. If your debt is snowballing or you can’t pay your bills, it’s good to change something. The rest of the time, however, doing nothing is more effective for your budget than any tricky scheme you can think of to “get a good deal” on anything.

Step 1. Do nothing. Step 2: Profit. | Mortimer’s Cash Machines via Rockstar Finance


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