You
should consider your financial status before modifying budget. There are
several circumstances which influences your budgeting plan. Getting a
raise, losing old job, financial emergencies, major purchases, poor
health issues, buying a home, and even your daily habits may force you
to modify the budget. But it will be a wise decision if you do not
modify your monthly budget too often.
You
should modify budget every month actually. In some months, you may have
extra expenses like special occasions. So you have to allocate extra
funds for miscellaneous expenses.
You
worry should be, how long you can stick onto a budget!
But if your expenses or income are highly unpredictable and variable,
then I would suggest you to follow a zero based budget for each
month!!!!
It's a very flexible budgeting system, where every month, you write down
your possible expenses and add them to see your total expenses amount.
If it's covering your income then well and good, else punch any extra
amount to savings or force it to some good use.
Sub: #1 posted on Fri, 12/22/2017 - 03:46
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Sub: #2 posted on Fri, 12/22/2017 - 20:41
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Sub: #3 posted on Sat, 12/23/2017 - 03:24
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But if your expenses or income are highly unpredictable and variable, then I would suggest you to follow a zero based budget for each month!!!!
It's a very flexible budgeting system, where every month, you write down your possible expenses and add them to see your total expenses amount. If it's covering your income then well and good, else punch any extra amount to savings or force it to some good use.
Rest you can google!!
Sub: #4 posted on Thu, 12/28/2017 - 05:58
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