I have been both.These days,budgeting is the safe thing to do.For a while,I would just buy things on impulse and years later,I really regret it.When my father was alive,he advised me to do so.Throwing that caution to the wind really cost me.I started budgeting as I was coming out of early adulthood.I encountered plenty of forks in the road with that,but at least and especially with the way the COVID decimated the global economy,I make that a priority.