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Professor Adam Alter underscores the importance of tracking irregular purchases when budgeting

wall street journal logo feature
Excerpt from The Wall Street Journal -- "One challenge is to break down your expenses according to whether they are ordinary and recurring or exceptional and unusual, says Mr. Alter. 'What you’ll start to notice is that so-called exceptional expenses account for a large chunk of your budget,' and need to be acknowledged as recurring spending, he says."

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