Deep Dive: Budgeting With The Three Bucket Money Plan

This Deep Dive episode presents a "Three-Bucket Money Plan" designed to reduce financial stress and increase control through simplicity. The core idea involves assigning every dollar a specific purpose, dividing income into three categories: Save, Spend, and Grow.

The "Save" bucket acts as a safety net for emergencies and short-term goals, "Spend" covers daily needs and wants, and "Grow" focuses on long-term wealth building through investing. The plan emphasizes automation and consistent habits, suggesting a 50/30/20 split as a starting point and encouraging adjustments to fit individual circumstances, ultimately aiming for steady financial progress over perfection.

Read the full article:  https://www.breakfastleadership.com/blog/save-it-spend-it-grow-it-a-no-drama-money-plan

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