Budget Types: The 50/20/30 Budget

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.

Budget Types: The Zero-Based Budget

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.

The Core Problem of Debt

“A debt problem is, at its core, a budgeting problem.” -Natalie Pace

Pro Tip: Don’t be Lazy, Work Hard

Lazy men are soon poor; hard workers get rich. -Proverbs 10:4

Starting from Scratch

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.