{"id":35640,"date":"2026-06-19T16:48:30","date_gmt":"2026-06-19T20:48:30","guid":{"rendered":"https:\/\/poole.ncsu.edu\/thought-leadership\/?p=35640"},"modified":"2026-06-20T16:47:06","modified_gmt":"2026-06-20T20:47:06","slug":"wallethub-taps-srini-krishnamurthy-for-advice-on-budgets","status":"publish","type":"post","link":"https:\/\/poole.ncsu.edu\/thought-leadership\/article\/wallethub-taps-srini-krishnamurthy-for-advice-on-budgets\/","title":{"rendered":"WalletHub Taps Srini Krishnamurthy For Advice on Budgets"},"content":{"rendered":"\n\n\n\n\n

WalletHub published an article about a fundamental financial question: What is a budget? They explain why budgeting is important, provide examples and suggest budgeting tools. They also interviewed multiple experts on the subject, including Srini Krishnamurthy<\/a>, associate professor of finance at Poole College.<\/p>\n\n\n\n

“People often worry that a budget will restrict their freedom,” says Krishnamurthy. “In reality, your freedom is already limited by the size of your income. Overspending doesn’t grant freedom; it just buys future financial distress or bankruptcy. A budget doesn’t box you in – it highlights the boundaries so you can explore your financial options safely.”<\/p>\n\n\n\n

Krishnamurthy was asked about the benefits of having a budget, the downsides and for any tips about creating and sticking to a budget. “The real magic of a budget isn’t just the math; it’s the back-and-forth interaction it creates. It allows a household to compare planned goals with actual reality.”<\/p>\n\n\n\n

Read his full thoughts on wallethub.com<\/a>.<\/p>\n","protected":false,"raw":"\n\n\n\n\n

WalletHub published an article about a fundamental financial question: What is a budget? They explain why budgeting is important, provide examples and suggest budgeting tools. They also interviewed multiple experts on the subject, including Srini Krishnamurthy<\/a>, associate professor of finance at Poole College.<\/p>\n\n\n\n

\"People often worry that a budget will restrict their freedom,\" says Krishnamurthy. \"In reality, your freedom is already limited by the size of your income. Overspending doesn't grant freedom; it just buys future financial distress or bankruptcy. A budget doesn't box you in - it highlights the boundaries so you can explore your financial options safely.\"<\/p>\n\n\n\n

Krishnamurthy was asked about the benefits of having a budget, the downsides and for any tips about creating and sticking to a budget. \"The real magic of a budget isn't just the math; it's the back-and-forth interaction it creates. It allows a household to compare planned goals with actual reality.\"<\/p>\n\n\n\n

Read his full thoughts on wallethub.com<\/a>.<\/p>\n"},"excerpt":{"rendered":"

The Poole College finance professor says that a good budget ‘allows a household to compare planned goals with actual reality.’<\/p>\n","protected":false},"author":39405,"featured_media":31488,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"source":"","ncst_custom_author":"","ncst_show_custom_author":false,"ncst_dynamicHeaderBlockName":"ncst\/default-post-header","ncst_dynamicHeaderData":"{\"displayCategoryID\":170,\"showAuthor\":true,\"showDate\":true,\"showFeaturedVideo\":false,\"subtitle\":\"The Poole College finance professor says that a good budget 'allows a household to compare planned goals with actual reality.'\"}","ncst_content_audit_freq":"","ncst_content_audit_date":"","ncst_content_audit_display":false,"ncst_backToTopFlag":"","footnotes":""},"categories":[105,170,77],"tags":[734,124,327,733],"_ncst_magazine_issue":[],"series":[],"class_list":["post-35640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-in-the-news","category-newswire","tag-budgeting","tag-finance","tag-in-the-news","tag-srinivasan-krishnamurthy"],"displayCategory":{"term_id":170,"name":"In the News","slug":"in-the-news","term_group":0,"term_taxonomy_id":170,"taxonomy":"category","description":"","parent":0,"count":389,"filter":"raw"},"acf":{"ncst_posts_meta_modified_date":null},"_links":{"self":[{"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/posts\/35640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/users\/39405"}],"replies":[{"embeddable":true,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/comments?post=35640"}],"version-history":[{"count":5,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/posts\/35640\/revisions"}],"predecessor-version":[{"id":35647,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/posts\/35640\/revisions\/35647"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/media\/31488"}],"wp:attachment":[{"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/media?parent=35640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/categories?post=35640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/tags?post=35640"},{"taxonomy":"_ncst_magazine_issue","embeddable":true,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/_ncst_magazine_issue?post=35640"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/series?post=35640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}