Maintain an ongoing dialogue with the four key individuals who will be in charge of fulfilling your final wishes; the executor of your estate, the guardian of your children, your medical power of attorney, and your financial power of attorney.
The debate about whether a budget is a necessity or a waste of time often centers on a fundamentally flawed definition of budgeting. The exercise of budgeting shouldn’t be designed to limit you, but to give you the freedom to spend money in the manner you wish to spend it.