The 80/20 budget is very similar to the 50/20/30 budget in that you simply take your income and chunk it up into broad categories. However, the 80/20 budget is even less specific than the 50/20/30 budget making it quicker and easier to use than the 50/20/30 budget. Here is how an 80/20 budget would work: Continue reading “Budget Types: The 80/20 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.
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
The wise man saves for the future, but the foolish man spends whatever he gets. -Proverbs 21:20 (Living Bible)