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A strong financial plan should make you feel empowered, not restricted.
Bucket 1: Survive
The first bucket survive comprises all of your essential expenses.
Ideally, your survive bucket would account for 25% of your income.
Bucket 2: Revive
The revive bucket includes all your nonessential expenses that make you happy.
Have a revive section not a deprive mentality, Joy told GOBankingRates.
It makes it less mundane and more joyful!
Bucket 3: Strive
The final bucket, strive, is dedicated to building wealth.
Joy recommends dedicating 50% of your budget to this category.
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