Welcome back to This Is The Year! This week we're exploring BUDGETS – most critically, finding a budget that works for YOU. There are tons of plug and play, cookie cutter budgets out there, and while those are great for getting you started, the real magic comes when you find a money management approach that works for you and your brain.
In this episode, we're deep diving on four budget strategies, and unpacking what they are, why they work, and who they're best suited to:
- 50/30/20 budget
- Reverse budgeting
- Zero-based budgeting
- Kakeibo
For each, I'll take you through the pros and cons and the psychology of who they're best suited to, so you can take elements that fit best for you.
This miniseries was created in partnership with PocketSmith: the personal finance software for all walks of life. Head to www.pocketsmith.com/thebrokegeneration to try it for yourself.
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Information
- Show
- FrequencyUpdated weekly
- Published8 January 2025 at 18:00 UTC
- Length50 min
- Episode219
- RatingClean