How To Use A Zero-Based Budget

By October 15, 2019 December 11th, 2019 No Comments
10 Budgeting Myths You Need To Know - MyFi Loans New Zealand

Zero-based budgeting , also known as ZBB, is a method of budgeting in which all expenses must be justified and approved for each new period.

Make sure your expenses match what’s coming in monthly and you’re using every dollar. It doesn’t mean you have zero balance in your bank account. It means your income minus all your expenses (outgo) equals zero.

If your monthly income is $5,000, you want everything…

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