What Is The 50 30 20 Rule? The 50 / 30 / 20 Rule was first coined by Elizabeth Warren and her daughter in her book All Your Worth: The Ultimate Lifetime Money Plan. It's a simple rule to give a general guideline on how to budget your money. Here's a breakdown of how it works: 50% of your income goes toward your "Needs" (Housing, Groceries, Utilities, Transportation, Bills, Insurance, Debt … [Read more...] about The 50/30/20 Rule: Does This Budget Actually Work?
With a cult-like following, YNAB (stands for "You Need A Budget"), which started as a custom spreadsheet, has turned into a complete budgeting solution, helping users "save over $6,000 in their first year using the software!" But is all the hype true? I've been using YNAB for over a year, and wanted to give a fair and honest review, so keep reading to see if YNAB is the best budgeting app … [Read more...] about YNAB Review (2020): The Perfect Budgeting App?
So you decided to take the plunge and try YNAB free for 34 days? Congratulations! Now it's time to roll up your sleeves and create your very first budget! I've been using it for over a year, and wanted to put together a step-by-step guide for beginners on how to start a budget in YNAB. Ready? Let's go! Step 1: Create A New Budget Once you sign in, you can open a new budget, … [Read more...] about 8 Steps To Start A Budget In YNAB (For Beginners)
When it comes to budgeting apps, Mint has held the top spot for a long time. It started in 2006, boasts over 15 million users, and is owned by the tech giant Intuit. But how does it stack up as a budgeting tool? Can it really help you save money and hit your goals? I have used Mint on and off over the past 10 years, and recently jumped back in to give a complete review and see how it stacks … [Read more...] about Mint Review 2020: The Best Free Budgeting App?
Mint.com has been around for over a decade, and has over 15 million users! I've been a user on and off for almost 10 years, and wanted to put together a simple guide to get your budget up and running with Mint. Related -> See my complete review of Mint and all of it's features Step 1: Create A Mint Account First things first, you need to sign up for a Mint.com account. Use your … [Read more...] about Mint – Start Your Budget In 6 Easy Steps!
HOW TO In 2020 The Ultimate Guide To Getting On A Budget That WORKS! Start With Why You can only stick to a budget you ACTUALLY CARE ABOUT. Discover your WHY! S.M.A.R.T. GOALS Your budget is the GPS and your SMART Goals are the destination! PAST SPENDING Uncover where your money went so you can build a plan to tell it where to go instead! BUILD THE BUDGET Put together a Budget based on … [Read more...] about How To Budget (2020): The Complete Guide