7 Best budgeting methods that actually work

Показать описание

There are so many traditional and different budgeting methods, each claiming to be the best? Because we are all unique individuals! What works for me may not work for you, So I have created the ultimate guide to the best budgeting methods out there to help you find one that will work for you. I have picked the seven that are the most common sense and easy to follow.

Whichever one of these methods you select, you'll be saving more and spending less. When it comes to money, it's obviously good to have a plan. That's why when someone is struggling financially; the first suggestion is to make a budget. Whether you are a beginner for budgeting or looking for a creative way to handle it, you'll find all the top budgeting methods in this video.

The 50/30/20 Budgeting method

The Envelope Budgeting Method

Pay Yourself First Budgeting Method

Zero-based budgeting method

Value-Based budgeting method

The Sub-Savings Accounts budgeting Method

Budgeting on a Low Income Method

There are so many different budgeting methods out there; you need to see which one is the best one for you. Once you pick a plan, you need to give it at least a three-month trial period. If by then you find it's not working, then try a different budgeting method or modify any of these methods to suit your needs.
Especially when we talk about budgeting in 2020, apps, Softwares, and other automated tools are making life so much easier for financial tracking. I will talk about the budgeting tools and apps from another video,
So What budgeting method do you like the most? Are there any that you don't like? Any other budgeting methods that you are using not mentioned in this video? Let us know in the comments section below.
If you like this type of video, don't forget to like and subscribe to my channel. Also, hit the bell icon button so that you'll get a notification whenever I post a new video. Thank you for watching to the end have a great day.