There are different types of budgets and each has features that are beneficial and help some people more than others. Finding one that resonates with you and how you think about money will help you achieve your financial goals.

Today I’m going to talk about 4 different types of budgeting styles that are each a little bit different in the approach but all promote intentional spending and aligning your spending with your goals.

1. Zero Based Budgeting

2. Envelope Method

3. Reverse Budgeting

4. 50/30/20 Method

 

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