If you’re trying to build wealth and get your financial house in order, almost everyone — friends, coworkers, and definitely your dad — has probably told you the same thing: Create a budget.
But here’s the thing about budgeting: It’s not fun. At all.
And for that reason, it often ends up just being a waste of time.
“People will try and go on a budget and then after two or three months, they lose their mind, they hate it,” bestselling author and self-made millionaire David Bach told Business Insider during a Facebook LIVE.