Why Most People Fail at Budgeting and How to Fix It

Budgeting is one of the most misunderstood parts of personal finance.

People associate it with restriction, pressure, and guilt.

In reality, budgeting is about clarity, visibility, and making decisions with confidence.

In this episode, Moshe Bochner from the CoFinance Team sits down with Aron Zigelman, Founder of BudgetYid, to talk openly about budgeting in real life.

Not theory. Not spreadsheets that never get used. Real tools, real habits, and real conversations around money.

They dive into why most budgeting systems fail, how technology can simplify the process, and how people can finally see where their money is actually going without feeling overwhelmed.

This conversation is for anyone who wants more control over their finances and a system that works with real life, not against it.

By the end, the question becomes simple

Are you managing your money or reacting to it?

Timestamps:

00:00 Introduction and why budgeting matters

01:45 Why budgeting feels overwhelming for most people

04:10 The real problem budgeting is meant to solve

06:40 Why traditional budgeting systems fail

09:00 How BudgetYid simplifies budgeting

11:30 Using technology to gain clarity without pressure

13:50 Budgeting for families and real life decisions

16:10 Tracking expenses without feeling restricted