Budgeting is often presented as key element of frugality and early retirement. Jacob Lund Fisker challenges that idea and present his decision making system (including the 300 factor). I then comment on why I still consider budgeting to be important for different reasons.
Original article at http://earlyretirementextreme.com/day-9-budgeting.html
A more detailed discussion of the ERE philosophy at http://valiantgrowth.com/e30
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