#92: What is cashflow budgeting?

Season #1

Today Josh and Amelie dive into a conversation about various budgeting methods, and why the personal finance budgeting methods are all really just…hybrid methods of cashflow budgeting!

Top takeaways:

  1. Technically, rollover budgeting is looking at what was spent/used the previous month and rolling it over to the next month.
  2. Technically, zero-based budgeting is starting over from scratch every year (not month) and receiving requests from various business departments for what they need.
  3. Cashflow budgeting is looking at expenses for the year, planning out when income is coming in, and figure out how to make everything work.
  4. Using a zero-based budget on a monthly basis can easily create a lot of stress, but can be helpful once a year.

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