The Consumerist asked some top personal finance bloggers to give a short summary of their single best piece of financial advice. Here’s how Wise Bread responded:

When people resist the idea of budgets, the most common reason is that they view the budget as an unwelcome constraint. That’s completely wrong. A budget is not a constraint. It is a tool for maximizing pleasure and satisfaction.

For more details, see A Budget is Not a Constraint.

— FREE MONEY FINANCE

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