The Better Budget Methodology

I was thinking today, what financial methodology do I want Better Budget to have? Well, I think I've figured it out. The Better Budget methodology has one simple goal, to make the best decision where the outcome results in the biggest gain. Simply put, what decision will make the most money. It might seem like any other financial methodology, but there are a few more things that set Better Budget apart.

Better Budget is not a static plan. It's fluid and adapts to each person's situation. Consider paying off debt and you'll find several different strategies. I don't teach that one strategy is the one you must take, rather I analyze your situation and make a recommendation. If you struggled with finding motivation, I'd recommend the snowball method to pay off debt. If you're really driven, I would recommend the avalanche method to pay off your debt. This is a simple example and I would consider so many more aspects, but it illustrates the point. Better Budget methodology is a plan for you. It's a plan that adapts and will be different from person to person, but the underlying goal remains the same... to make the best decision where the outcome results in the biggest gain. 

There's more. I want Better Budget's methodology to focus on averages and never speculate. Have you ever heard of the saying that history is the best predictor of the future? Well, this is another aspect that drives Better Budget. When I'm trying to figure out the best decision for a certain financial situation, I always use averages. For example, the average home value growth in the United States is roughly 3%. So, what is my home worth in 30 years? Using a compound interest calculator, my home would be worth about double what it is today. I don't take the best case scenario, nor do I take the worst case. I make a decision based on the average, then adjust for any differences that come. 

Of course you'll find, Better Budget Plan is no more than a methodology at this point. I have a goal to someday write a book, outlining the plan. But for now, I would like to just simply help you go through the plan that I have gone through myself, because I promise you, it works. It's worked for me and my friends and it can work for you too. If you're interest in trying out the Better Budget Plan, please contact me! I'll help you get started for free. I just want to help! 

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Thanks for reading this post! I hope it helps your personal finances improve. As always, if you have any questions at all, please reach out to me. If you ask them anonymously, I'll answer them in the next blog post! Let me know what you've thought of Better Budget so far. Have a great evening!