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AdvertisementA financial guru has criticized strict budgets, advocating for intuitive spending instead. Experts suggest balancing intuitive spending with realistic budgeting for financial health. But Dana Miranda, a certified personal finance educator, told CNBC Make It in a recent interview that strict spending plans can be "toxic." Instead, she recommended "intuitive spending" and thinking about your money "moment by moment." But she isn't convinced intuitive spending is a good alternative.
Persons: Dana Miranda, Miranda, Katrin Kaurov, Doug Carey, Carey, Kaurov, Julie Guntrip, Guntrip Organizations: CNBC, Jenius Bank
Now that she's a CEO, she relies on her experience as a model when building a brand and pitching. My cofounder and I received a lot of pushback when we started Frich. It helps that I really understand our audience because I lived this: I was anxious about money as a teen model. You make your best money when you're really young, and no one teaches you what to do with that money at that age. When we first started Frich, we realized that money needs to be exciting and cool.
Persons: Katrin Kaurov, , Zers, it's, you've, Everyone's, I'm Organizations: Forbes, YouTube Locations: New York
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