Zero Based Budgeting

Getting Finances Done has a very nice write up on zero-based budgeting.

The basic concept here is that, all money coming in will be spent either  by ‘actual’ purchases, or on paper. In other words, every penny/paisa/cent should be accounted for on paper. If it goes into savings, or into investment, wherever, it goes on to a spreadsheet row. Total income – total exp = 0 Check out the post here.

This entry was posted in personal finance. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s