From Yahoo Finance: 2025-06-02 11:08:00

Experts caution against common budgeting tips that may not work for everyone. Extreme frugality can lead to burnout, while saving six months’ worth of expenses can be unrealistic. Instead, focus on creating a small emergency fund and balancing saving with investing. Budgeting should empower, not limit, your financial goals.

Read more: 5 Common Budgeting Tips You Shouldn’t Follow