The beauty of zero-based budgeting is that you account for every dollar you receive. Using traditional budgeting methods, you typically list all necessary expenses, such as rent or mortgage, car, and debt payments.
- Gather Your Income - Gather Your Expense - Analyze Your Financial Data - Why Your Dollars Need a Job - Rinse and Repeat
Zero-based budgeting requires you to approach your finances with a new perspective and embrace alternative ways of managing your money. Accounting for every dollar forces you to pay attention to your finances and encourages you to make intentional choices on how you spend your hard-earned money. a Job - Rinse and Repeat