Did you know that there are multiple types of budgets? Read this post to learn what 50/20/30 budgeting is, how to use 50/20/30 budeting, and whether or not 50/20/30 budgeting would be a good fit for you.
Did you know that there are multiple types of budgets? Read this post to learn what zero-based budgeting is, how to use zero-based budgeting, and whether or not zero-based budgeting would be a good fit for you.
“A debt problem is, at its core, a budgeting problem.” -Natalie Pace
Lazy men are soon poor; hard workers get rich. -Proverbs 10:4
One of the hosts on one of the podcasts that I listened to once upon a time said that, before starting a budget, people should track their expenses for a month or two to see what they are spending. I understand why it might be appealing to track expenses and spending habits first, but in my opinion, it is more productive to create a budget based on financial goals and adjust spending habits accordingly. One of the purposes of having a budget is to assist in achieving financial goals by restricting unnecessary or frivolous spending.
Survive today, prepare for tomorrow, have fun. In that order. What exactly does that mean with regard to budgeting?