I previously mentioned that I did my June budget for two nights. You might be curious what process I did and why in the world it took me two nights? 🤔
Some of you may not be fresh on this process and may already have been practicing it. I “used” to think I was doing it right in my past life only to find out, I screwed it up.
To be honest, it feels scary to see that there’s $0 left in the account; but I have learned to trust the process. Zero-based budgeting is merely giving each dollar on your bank account a job – every.single.cent.
To make things simple, it is income minus expenses.
Example, if you are earning PhP10,000 a month then you are assigning where this P10,000 should go: paying bills, saving money, paying off debt, and living life!
So do not fret when you do zero-based budgeting! It is knowing that you are giving every dollar a name, an assignment. You are telling your money where to go, instead of wondering where it went. Once you start assigning each dollar a place to go, you don’t even have to think about it!
You are in control in this process and not the money controlling you.
Your financial journey is your own; feel free to do what you think is best for yourself.