# Minding Your Budget: A Weekly Allowance for Adults?  ## About - Author: Kelly Anne Smith - Title: Minding Your Budget: A Weekly Allowance for Adults? - Tags: #articles - URL: https://www.forbes.com/advisor/banking/weekly-allowance-budget-for-adults/ ## Highlights Jeff Kreisler, a behavioral economist, says working with a weekly allowance sets individuals up for success because it actually makes it *harder* for individuals to make financial decisions—which Kreisler says humans are “really bad at.” “Instead of confronting every choice as something that impacts ‘all our money,’ we reduce it down to impacting just a smaller allotment,” Kreisler says. “That reduces the cognitive and emotional toll on us and makes it easier to make the right choice. Or, at least if we make a ‘wrong’ choice, it has fewer consequences.” - Note: Interesting that increasing the slice of the pie that you are deciding what to do with with makes it way harder to spend! ---