Submitted by thmsra t3_10q89se in personalfinance
My wife and I are discussing whether or not we should be able to borrow from other categories when budgeting. Ex. Using clothes budget for makeup. Is this cheating the system?
Submitted by thmsra t3_10q89se in personalfinance
My wife and I are discussing whether or not we should be able to borrow from other categories when budgeting. Ex. Using clothes budget for makeup. Is this cheating the system?
84740296169 t1_j6ofa3i wrote
the idea is to budget prospectively what you actually need in each category but moving money retrospectively is fine. I wouldn't make too detailed of categories though. I try to keep it buckets >$200 or so. So you could just combine the clothing and makeup budgets in one category.