Starting with your take home pay, your expenses should fall in these budgeted amounts:ĥ0% is for fixed expenses. The 50/20/30 BudgetĮxpenses in this budgeting system fall in one of three categories: fixed expenses, financial priorities, and flexible expenses. To help with that, today I’ve highlighted 6 different popular budgeting methods. Some people work better with super simple budgets, others like specific spending plans that define every dollar.īut the key is to keep trying until you find one that works for you. ![]() Using a different system may be all you need to eliminate the frustration of budgeting. It might be time to try a different method. ![]() Perhaps you’ve had your own bad experience in the past and you get anxious just by hearing the word budget? Have you felt like slamming the lid shut on your laptop or ripping your papers to shreds when trying to work on your budget? Sometimes budgets don’t go according to plan.
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