I’ve been using a variation of the budgeting system described in StackBacks Automated Budget System (Wayback Machine) for many years now.
It’s super simple to setup.
Here’s a summary of the 3 key points from the PDF:
- Budgeting should be automated.
- The 2 types of expenses are planned and unplanned.
- To setup the system, figure out your expenses, setup your account and then setup the flow.
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