Different budgeting methods work for different people. Find the approach that matches your personality and goals.
50/30/20 Budget
50% for needs, 30% for wants, 20% for savings and debt. Simple and flexible. Adjust percentages based on your situation.
Other Methods:
- • Zero-based budgeting (every dollar allocated)
- • Envelope method (cash in envelopes)
- • Pay-yourself-first (save before spending)
- • Percentage-based budgeting
- • Reverse budgeting (save first, spend rest)
Choosing Your Method
Try different approaches. Track for 3 months. Adjust as needed. The best budget is one you'll actually follow.