Categories
Stewardship

Which Budgeting Method Should I Use?

If you want to make the most of your money, you need to start at zero. Sounds weird, I know. But a zero-based budget makes sure you give every single dollar a job to do.

The Power of a Zero-Based Budget

Pretend you’re counting calories for the month. Now make note of only the foods you eat at mealtimes. Don’t include mid-morning treats, afternoon snacks or late-night desserts.

It sounds like a fun way to count calories—but not an effective one.

Categories
Stewardship

Why Should I Budget?

So why should you add one more responsibility to your already busy life?

The effort required to create a budget looks kind of like the habit of weekly meal prep. You put in a little work on a Sunday afternoon to get a whole week of pre-portioned lunches and almost-made dinners.

Budgeting takes a bit of work upfront but provides a whole month of rewards.