Why Setting a Budget Increases Likelihood of Spending More

moneyland.time.com — A new study questions the long-accepted wisdom of setting a budget and sticking to it. The purpose of establishing a budget is to rein in one's spending, but under certain circumstances, setting a budget does the opposite - and actually increases the likelihood you'll spend more.
How budgeting can backfire. | t.co/QCB0vy1w via @TIMEMoneyland[BUT IT IS STILL A GOOD IDEA!]