In this video, Greg Ashcroft, a Financial Advisor on the Ashcroft- Pesek- Bartosh team at Baird Retirement Management, draws parallels from successful dieting strategies to successful saving strategies. Just as many people have struggled to maintain a healthy weight, many people have also struggled to be successful savers. People commonly struggle in both areas because they have yet to find a strategy that will work for them for the long run. Taking inspiration from successful weight loss strategies, Greg applies them to spending in the Category Restrictive Spending Method and the Intermittent Spending Method to propose alternative options to traditional budgeting.
Two Strategies for Developing Spending Discipline
