Yesterday, I set up a plan to transfer $50 from my checking account into my savings account. This is to happen every two weeks (right after I get paid). Today, I completed my first Quickie Budget and realized that it’s pretty close to the amount that I get paid every month. Is that good or bad? Should more money be left over for other things? Like birthdays and Christmas? Or is that already included in the “Giving” allotment of my budget?
The Budgeteer
I found financial help before I could even get myself into trouble!!
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September 12, 2008 at 9:00 am
dasaniduck
I learned in a later class that every dollar must have a name; that means it was good that I was almost at $0, because later on, I was to create a fully detailed Zero-Based Budget (i.e. put my leftover money to good use).