Budgeting can be a frustrating process. When writing one, it is all too easy to make it aspirational at best and downright unattainable at the worst.
Sticking to a realistic budget can significantly increase your financial security while chipping away at debt and building wealth.
You may feel that cutting back on a necessity like groceries is too much of a sacrifice. But, chances are you can probably reduce your grocery bill without having to feel deprived.
If you are the kind of person that likes to have a plan, check off boxes as you go, and see a completed list, then a 0-based budget might be the right strategy for you.
How do you budget with minimal income? Here are a few key points to help you budget effectively after losing your job.