How to Create the 50/30/20 Budget in Monarch Money

Описание: Hi friends! A lot of you have been asking for a step-by-step tutorial on how to create the 50/30/20 budget structure, so consider it answered. Follow along with this simple tutorial, and let me know if you have any additional questions in the comments below.

See you all in the next one! 🥂

#MonarchMoney #Budgeting #PersonalFinance

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☾ a b o u t m e
Age: 28
Gross Annual Salary: $50k
Location: Maryland, United States
Context: Living alone; single income, no kids (SINK) with my cat Koda 🐈

☾ t i m e s t a m p s
0:00 Intro
0:25 Creating budget groups
2:00 Organizing budget categories
3:07 Creating savings goals
4:39 Inputting budget category amounts
6:22 Organizing transactions
6:53 Track your spending in 2 ways
7:16 Option A: Leave budget amounts as is
8:34 Option B: Reconcile budget amount with actual spent
9:56 Reviewing spending percentages
11:08 Outro

☾ p e o p l e / r e s o u r c e s m e n t i o n e d
Sinking Funds Tutorial:
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☾ m u s i c
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☾ m y s h o p
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☾ c o n n e c t w i t h m e
I'm Taylor, a graphic designer sharing templates to help you build a healthy relationship with your money 🤗

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☾ t e c h i n f o
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