Why do we hate budgeting so much? This word makes a lot of people cringe. Finding the right budget method can help you to be less cringy about using a budget.
There are many styles, formats, and ideas around budgeting. That’s why you need to find one that works for you. I dive into several methods of budgeting that can work well on their own. Or if you want to get fancy, do a little combo of one or more.
I also share my thoughts about restrictive budgeting and specifically who each method would work best for.
Listen in as I share…
- Five Budget Methods
- Percentage Method 50/30/20 or 70/20/10
- Pay Yourself First
- Traditional
- Values & Goals
- Cash Envelopes
- Tracking vs. budgeting
- How to get past restrictive budgeting
- Who would benefit most from each method
Listen to episode on:
Apple
Spotify
Reference: Happy Money, The Science of Happier Spending by Elizabeth Dunn and Michael Norton
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