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.
As followers move through the steps, they are given methods for paying down debt and investing for retirement.
What Is the Bucket Method of Saving?
Arecent reelby bestselling author Cruze shows her advocacy for using this method for her savings and emergency fund.
The emergency fund has six months worth of expenses in it and is always kept separate.
Why Is It Important To Have Buckets?
Remember, though, you should have astarter emergency fundof $1,000 already set.
Cruze, however, said there is one tried and true method she recommends: the zero-based budget.
Unlike many other budgeting techniques, with a zero-based budget, all of your money is accounted for.
When you subtract your expenses from your income, it should equal zero.
More From GOBankingRates
Share This Article:
The Latest inSaving Money
