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Which is the most effective budgeting technique?

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I have heard about different budgeting strategies. I want to know which is the most effective? Will I start with 50-20-30 or envelope budgeting?




Both the 50-20-30 and envelope budgeting systems are effective. However, envelope budgeting is not convenient. To make it happen you should open several checking accounts.

See, carrying cash can be risky that is why digital wallets are becoming popular these days.

Sub: #1 posted on Fri, 08/25/2017 - 17:36

sanderspatricia29 sanderspatricia29

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Budgeting techniques, whatever be it, are always helpful. My suggestion would be to try every option to find your best suitable one.

Sub: #2 posted on Fri, 08/25/2017 - 18:45

Good Nelly Good Nelly
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50-20-30 strategy works for me. So, I would recommend this one to you/

Sub: #3 posted on Mon, 08/28/2017 - 11:08

SC SC
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