All of the financial areas in your life including budgeting, insurance, investing, and retirement can get out of control. Having a streamlined system will help you keep everything in order and without overwhelm.
I know the examples may sound silly and a little extreme but clutter breeds clutter whether it’s in the basement or in your financial life. Simplifying your financial life is just one more way to control your money chaos.
Knowing where your money is going is half the battle. Burying your head in the sand (as peaceful as that sounds) will only make the hole deeper. Whoever said ignorance is bliss was not talking about finances.