Experts agree: Budgets are a waste of your time. Here's why
VIDEO5:3205:32
Experts agree: Budgets are a waste of your time. Here's why
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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.
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Wed, Jul 10 20198:55 AM EDT