Budgeting gets a bad rap. When you hear the word budget you probably cringe. Until you understand the benefits of a zero-based budgeting plan and what it can do for you, it may seem restrictive. Budgeting means you have a plan for your money. It doesn’t mean you go without or stop living your life.
What is zero-based budgeting
The goal of zero-based budgeting is your income minus your expenses should be equal to zero every month. A zero-based budget makes you think about how every dollar is spent.