​​Zero-Based Budgeting 101: Best Practices To Following The Money

When it comes to the topic of managing your money, are you taking the best approach?  

What Is Zero-Based Budgeting?

The basis of zero-based budgeting, also referred to as zero-sum budgeting, is a simple elementary school math equation. Your budget is considered “zero-based” or “zero-sum” when your total income minus total expenses equals zero. 

What Is The Benefit?

The beauty of zero-based budgeting is that you account for every dollar you receive. 

How To Create A Zero-Based Budget

If this is your first introduction to budgeting, it will be helpful to grab your bank statements for the past 3-6 months. 

Gather Your Income

This income will fund your entire budget and should include the money you earn and any money you deposit into your account throughout the month. 

Swipe Up to read how to start zero-based budgeting!