A Vanguard video (https://m.youtube.com/watch?v=1nprZjV_6FM) refers to 4 budgeting methods

  1. the envelope method
  2. the pay yourself first method
  3. 50/30/20 method
  4. zero based budget method

Which one is your favourite?

Edit: non-text version with a 5th method: https://www.lendingtree.com/student/simple-budget/

You are viewing a single thread.
View all comments View context
2 points

I found this with a quick search: https://www.lendingtree.com/student/simple-budget/

permalink
report
parent
reply
1 point

You should update your top post and include the last one on the link you shared. Number 5 is definitely the way I roll. The “no” plan. Paying down debt is pretty much the top priority for me.

permalink
report
parent
reply

Personal Finance

!personalfinance@lemmy.ml

Create post

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

Community stats

  • 261

    Monthly active users

  • 195

    Posts

  • 3.1K

    Comments