GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you could read more about oureditorial guidelinesand our products and servicesreview methodology.
But that doesnt mean any one will work for you.
Here are three signs a values-basedbudget is best for your money.
What Is the Values-Based Budget?
A values-based budget allows you to prioritize things you find important in life.
This is the central idea of the values-based budgeting method.
Sometimes its more about gaining knowledge or being creative.
Its also important to distinguish between things you love buying and things that offer only instant gratification.
Instead, its about avoiding mindless spending and making room in your finances for purchases you care about.
However, this doesnt work for every person or financial situation.
Here are some signs that avalues-based budgeting methodcan work for you.
You live in an expensive area.This method is particularly effective in high-cost areas.
Paying bills and saving for emergencies or retirement comes first.
More From GOBankingRates
Share This Article:
