Reply to How do you budget for something you can already afford?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don’t do a budget at all. I have 4 direct depots that happen with each paycheck.

1. Retirement
2. Brokerage account
3. Short term savings 
4 college fund

I then blew everything else on whatever I want to spend it on. Sometimes I don’t blow it all and a bunch of money collects in my checking. In that case I usually add more to my brokerage and college fund.

Budgets are for people with spending problems and or cash flow problems. [/quote]

You had to decide how much the direct deposits should be, right? That’s called…budgeting.[/quote]

Sure, I do it as a percentage of income (though not the 401k due to maximizing tax savings). But no I do not “budget” for shoes or vacations. That’s what the OP asked. I’m going to Utah for the 3 day weekend coming up, I just decided this this week because it’s been so freakishly hot here and skiing the East is looking like it’s not happening this year. Did I budget? No. Did I look in my checking and see if I had the cash for airfare, hotel and lift tickets? Yes. Does that mean I can take another vacation in January? No. [/quote]

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