Lets think about budgeting and financial planning basics

Lets think about budgeting.

I prefer the term spending plan, as for me, it creates real agency on how we allocate our financial resources.

So many tools out there, if you are old school (like me), I prefer writing or keying my data. The best spreadsheet I have seen is this one:

https://www.moneysavingexpert.com/banking/budget-planning/

I like this version from a Canadian firm on the Financial Planning Triangle and how it can tie-in with Maslow's work on needs.

https://www.valleyfirst.com/simple-advice/wealth/building-a-financial-pyramid#steps