Last week, we discussed standard budgeting, using the 50/20/30 Rule as a guideline to create your own budget tracking spreadsheet.
But what if you don’t make steady money? What if you’re a freelance writer who is paid by the word, a solopreneur, or an individual who otherwise inhabits the gig economy?
To be financially literate, one must first know how to build a budget.
In my experience, “budget" is one of those words that fills people with dread. They associate it with being broke, being limited, when they should keep in mind that even billionaires have a budget. (Well, at least the responsible ones.)
One way to make the hard numbers easy is the 50/20/30 Rule.
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