If you’re looking to fine-tune your budget so that every dollar is accounted for, zero-based budgeting (also known as “zero balance budgeting” or “ZBB”) may be for you. In a zero-based budget, your income minus your expenses totals to zero, giving every dollar earned a purpose. ...
Can I use a zero-based budget if I have irregular income? You can still make a successful zero-based budget—even if you're unsure how much you'll make each month. Start with your lowest projected monthly income. If you earn more throughout the month, you can always go back and sprea...
Choosing a budgeting system is a lot like choosing the right approach to rehabbing or remodeling your home. You might spend months looking for the right contractor or figuring out how to do it yourself. The zero-based budget, also known as the zero-sum budget, can provide a holistic solutio...
You make the money. EveryDollar helps you make a plan and do the math. No spreadsheets. No guesswork. Just a clean, simple way to stay in control of your money. Start your zero-based budget today (for free!) withEveryDollar.
And guess what? Budgeting doesn’t have to be overwhelming. I’ll walk you through how to make a budget step by step. Trust me, once you start, you’ll wonder why you didn’t do it sooner! Here’s how to make a budget in five steps: ...
Zero-based budgeting is a method that gives every dollar of income a purpose. Learn more about this method.
Zero-based budgeting is a method where you allocate every penny of your monthly income toward expenses, savings and debt payments. Your income minus your expenditures should equal zero.
Learn YNAB’s first rule to less financial stress: Give Every Dollar a Job And when we saybudget to zero, we mean budget to zero. ‘Tis the joy and power of a zero-based budget: and the key to financial clarity. Leave no dollar without a job, and no dollars hanging out in ...
Zero-based budget: With the zero-based budget model, you assign a purpose for every dollar of your income. It requires careful planning and tracking cash flow, but you’ll budget each dollar more intentionally. Finding a sustainable method based on your spending habits, lifestyle, and goals ...
How to Make a Zero-Based Budget Here is an example of a completed zero-based budget. Don't worry; you'll be able to follow each step so that you can create one for yourself. 1. List Monthly Income Your after-tax monthly income is the amount of money you have to work with. We'll...