How to Create a Simple, Effective Budget
Budgeting is a great way to stick to your financial goals, but if you’ve never made a budget before, it can seem intimidating.
The simplest budget you can make is called the 50/30/20 budget. 50% for needs, 30% for wants, and 20% for savings. This is called a zero-based budget, so that means you should have 0 dollars available at the end of the month because you have given every single dollar a purpose!
Try it out and watch your savings grow!
- FC&A Staff Writer
