The Simplest and Most Effective Budget Planner No One Talks About

Budget planners don't need to be complicated -- in fact, they should be more about behaviors than rules. or allowances.

Mar 22, 2014 at 7:00AM

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Source: LaurMG, via Wikimedia Commons. 

"If only I could get myself to use a reliable budget planner, my money problems would be solved!"

Raise your hand if you've said, thought, or heard this general idea from someone before.

Though I doubt you actually raised your hand, I bet a memory flashed into your head of a time or place where you've encountered this thinking.

To be clear, budget planners certainly work for some portion of society. For those people, you can stop reading now. This article is for the rest of us who think budgeting is more of a hassle and a reminder of sacrifice than as a tool for financial freedom. For some, they are constant reminders of what we're giving up.

But there are other, far simpler, more effective and emotionally positive ways to help bring your spending to a healthy level. Read on to find out three different strategies, and how they can be good not only for your wallet, but your mind and heart as well. Plus, they're far easier to follow through on and there's almost no paperwork involved.

For the advanced budget planner, don't forget about taxes
Thanks to a 2013 law called the American Taxpayer Relief Act, or ATRA, some Americans will be paying more in taxes than they have in years past.

Fortunately, The Motley Fool recently uncovered an arsenal of little-known loopholes to protect yourself from ATRA and help keep the taxman at bay when he inevitably comes calling. We reveal them all in a brand-new special report. Simply click the following link for instant, 100% free access.

Protect my hard-earned wealth from Uncle Sam


Sources: Whole Foods, Steve Evans, F. Kessilring, FatCow Webhosting, philosphias via Wikimedia Commons/  

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4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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