Author: Alexis Dumire

What Is a Reverse Budget and How Can It Help You Reach Your Financial Goals?

What Is a Reverse Budget and How Can It Help You Reach Your Financial Goals?

A reverse budget is the exact opposite of a traditional budget. Rather than starting with your income and subtracting what you need to pay for expenses, you start out by deciding on how much money you want to save each month and work backwards from there. This approach can be particularly beneficial for individuals who…