Budgeting & Saving Tips. Fredrick discusses the concept of budgeting & saving by teaching you how to budget and save using simple, easy-to-understand terms. Fredrick helps you understand concepts such as: Fixed vs. Variable Income and Expenses, the 50-30-20 budgeting philosophy, cash-only budgeting and the envelope system. Fredrick also provides a free budgeting workbook (below). It doesn't matter what your income level is, everyone needs a budget and everyone can save! #GetRealWoke #ForTheFree #ForTheFreeFriday #RealWokeCommunity