![]() Elizabeth Warren, this budgeting method allocates 50% of your income to your needs, 30% to wants and 20% to building up savings and paying down debt. When it comes to how to approach budgeting, there’s an option for everyone. Make Your Money Work for You Types of Budgeting Methods You avoid getting to the end of a month and wondering what happened to your money. You understand what your income and expenses are.After budgeting living expenses, you find money for other goals, like saving and paying down debt. You have a road map to your short- and long-term financial goals.Based on your priorities, you decide how much you want to spend on flexible expenses. ![]()
0 Comments
Leave a Reply. |