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What Is Zero-Based Budgeting?

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If you’re like most Americans, your top financial priority for 2022 is to save more money. Instead of creating a traditional budget, many individuals are opting for an old-school method called zero-based budgeting. For zero-based budgeting to work, its subscribers must be utterly committed to accountability.

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Eat Better on a Budget

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Listen to this week’s episode of the rich & Regular podcast about how to eat better on a budget, and keep reading below for some ways to get the most out of your food spending. . If you’re planning to make some changes in 2022 but you’re just not sure where to start, consider the following to help set yourself up for success.

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Coming Into The Office Is More Expensive Than Ever Before

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If coming into the office wasn’t expensive before, workers are definitely feeling the heat in 2022. . Lunchflation is 100% real, everything is more expensive,” said Kelly Yau McClay, a branding and marketing professional who is currently working under a hybrid model. Before, you could get lunch for $7 to $12.

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Housesitting, Pet-Sitting and Work Exchange Programs Help People Travel on a Budget

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This number, attributed to both the rising cost of travel and inflation, reflects an increase of 7% over 2023 summer travel spending and 14% over that of 2022. To combat exorbitant airfare prices and other rising travel costs, travelers are learning how to travel on a budget when visiting other cities and countries.

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Using a Financial Planning Checklist Can Help You Meet Your Goals

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If you like having hard copies of information in front of you, print out statements from the last quarter, and use highlighters or other color-coding to sort your expenses into different groups. See how your spending breaks down and determine where (or if) you need to adjust your budget. Subtract your net income from your net expenses.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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It’s become more difficult in the past year, however, to know what your expenses will be each month—and that makes it all the more challenging to stick to a budget. In the past year, two dynamics in the broader economy have made it especially difficult to stick with a budget and avoid racking up debt.

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Impending Recession Or Not, Use These Professional Tips To Prepare For Financial Turbulence

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As the economy rebounded, consumer demand exceeded supply, leading to a surge in inflation that peaked at over 9% year-over-year by mid-2022. Ideally, workers should aim to save 3-6 months of living expenses. This cushion can help cover essential costs in case of job loss or unexpected expenses.

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