There are two reasons why you would adjust a budget:
In both cases, you need to update your budget. You can’t assume you will have the same availability and needs after these changes.
If your needs grow, your wants and savings will diminish accordingly. If they shrink, you can use all the extra money just for the Wants. And you have to save more too.
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Stop Wasting Money! Start Budgeting with the 50/30/20 Rule
cosmopolitanmindset.substack.com
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Passionate about self-improvement, personal growth, finance, and creativity. I love to inspire people to become the better version of themselves. Author @ www.cosmopolitanmindset.com
Stop Wasting Money: Master the 50/30/20 Budget Rule for Financial Freedom – Simple Steps to Take Control of Your Finances, Save More, and Achieve Your Long-Term Goals
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