A zero-based budget example with a $5,000 monthly income includes the following allocations: $2,000 for rent, $500 for groceries, $100 for bills, $250 for insurance, $400 for gas, $250 for credit cards, $400 for student loans, $250 for entertainment, $400 for clothing, $200 for retirement, $100 for vacation, and $150 for an emergency fund, resulting in $0 remaining.

Authors

• Person: Not available Organization: Citizens Bank
  4 Budgeting Strategies: Which One is Right for You?

Sources

• 4 Budgeting Strategies: Which One is Right for You? www.citizensbank.com Citizens Bank via serper

Referenced by nodes (1)

• zero-based budgeting concept