This budget strategy gives every dollar you earn a purpose.
Budgeting gets a bad rap. But when you start to think about it as a tool you can leverage to meet your financial goals, budgeting can be helpful, exciting — and maybe even fun.
The trick with budgeting is to find a strategy that works for you. Zero-based budgeting is one popular strategy that assigns a specific purpose to every dollar you earn, whether that’s paying a bill, bulking up your emergency fund, or shaving down debt.
Continue reading to learn more about zero-based budgeting, its pros and cons, and how it works.
Emily Batdorf | Yahoo Finance