Zero-based budgeting gives every dollar a planned purpose. It does not mean spending everything; savings, debt payments, and future expenses are also assigned jobs.
How to use it
- Write down your expected income.
- List fixed and flexible expenses.
- Set savings and debt targets.
- Assign the remaining money to priorities.
- Track actual spending during the month.
- Adjust the next budget using what you learned.
FAQ
What if my income changes?
Use your most reliable income estimate and update the plan whenever your actual income changes.