Experts agree: Budgets are a waste of your time. Here's why
It might be possible to live a better life without a budget. Kathleen Elkins, senior money reporter at CNBC Make It, explains her strategy to save 30% of her income without using a strict budget. And experts Ramit Sethi, David Bach and Grant Sabatier agree. But what do the people of New York City do? Watch the video to find out.