Welcome back to This Is The Year! This week we're exploring BUDGETS – most critically, finding a budget that works for YOU. There are tons of plug and play, cookie cutter budgets out there, and while those are great for getting you started, the real magic comes when you find a money management approach that works for you and your brain. 

In this episode, we're deep diving on four budget strategies, and unpacking what they are, why they work, and who they're best suited to:
50/30/20 budget
Reverse budgeting
Zero-based budgeting
Kakeibo

For each, I'll take you through the pros and cons and the psychology of who they're best suited to, so you can take elements that fit best for you. 

This miniseries was created in partnership with PocketSmith: the personal finance software for all walks of life. Head to www.pocketsmith.com/thebrokegeneration to try it for yourself. 

Where to find The Broke Generation

Website: https://thebrokegeneration.com/
Instagram: https://instagram.com/the.brokegeneration
TikTok: https://www.tiktok.com/@the.brokegeneration  

Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe.

Welcome back to This Is The Year! This week we're exploring BUDGETS &ndash; most critically, finding a budget that works for YOU. There are tons of plug and play, cookie cutter budgets out there, and while those are great for getting you started, the real magic comes when you find a money management approach that works for you and your brain.&nbsp;
In this episode, we're deep diving on four budget strategies, and unpacking what they are, why they work, and who they're best suited to:
<ul>
<li>50/30/20 budget</li>
<li>Reverse budgeting</li>
<li>Zero-based budgeting</li>
<li>Kakeibo</li>
</ul>
For each, I'll take you through the pros and cons and the psychology of who they're best suited to, so you can take elements that fit best for you.&nbsp;
This miniseries was created in partnership with PocketSmith: the personal finance software for all walks of life. Head to&nbsp;<a href="https://www.pocketsmith.com/thebrokegeneration">www.pocketsmith.com/thebrokegeneration</a> to try it for yourself.&nbsp;
Where to find The Broke Generation
Website:<a href="https://thebrokegeneration.com/subscribe/?utm_source=podcast&amp;utm_medium=link&amp;utm_campaign=newsletter_subscribe_link_click&amp;utm_id=Podcast+Show+Notes"> https://thebrokegeneration.com/ </a>Instagram:<a href="https://instagram.com/the.brokegeneration"> https://instagram.com/the.brokegeneration </a>TikTok:<a href="https://www.tiktok.com/@the.brokegeneration"> https://www.tiktok.com/@the.brokegeneration</a> &nbsp;
Sign up to The Glue: the weekly money psychology and mindset newsletter<a href="https://thebrokegeneration.com/subscribe/?utm_source=podcast&amp;utm_medium=link&amp;utm_campaign=newsletter_subscribe_link_click&amp;utm_id=Podcast+Show+Notes"> www.thebrokegeneration.com/subscribe.</a>

Feel good finance podcast, packed with frank and honest money conversations, and practical tips to help you be better with money.