I apologize for the probably absurd inquiry, but I also deal with ADHD and was never taught how to manage money or budget. My question is this: Where do people store their actual, physical money when they declare they have money set aside for something or include money for something in their budget? A budget is just a collection of words and numbers in my opinion. In practice, how can one ensure that funds be conserved rather than spent?
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Adhering to a budget involves tracking expenses, prioritizing needs over wants, setting realistic financial goals, and reviewing spending regularly. Use budgeting tools or apps to monitor income and expenses, adjust as needed, and maintain discipline in sticking to planned financial limits.
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Great Question.
A budget is a financial management plan; however, there are several ways to store and manage your money. Most individuals store their money in bank accounts, and budgeting applications can be useful for keeping tabs on earnings and outlays.
To keep to a budget, make sure you have specific goals, set aside money for certain needs, and keep a close eye on your expenditures.
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