Zero based budgeting is a budgeting technique in which every dollar of your income is allocated for a specific purpose. In this personal finance minute, I introduce you to the concept of Zero Based Budgeting and give you a simplified example of a zero based budget.
Have you ever done a zero-based budget? Let me know in the comments.
#Shorts
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The Habit That Changed My Life: https://youtu.be/oL3eVoReKCQ
My Debt Free Story: https://youtu.be/F-y-NYitK7c
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FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.
