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50/30/20 budgeting is outdated! Try this. [TFC First Dibs 183]

The Financial Coconut Podcast

CHAPTER

The New Updated Strategy - Expenses

I hope you find this system a little bit more palatable, easy to understand. I use a common denominator, right, which is to expense, right? It's either now or later and or what, right? Different kind of expenses. And I do not make a moral judgment on certain things that are like ones. These things are evil. You shouldn't go for it. No, right? So the thing is something that you really want, you know, and it's like something that will meet your higher order needs. The third big bucket is why I call future expenses. In the future, you're going to spend this money. But at this point in time, you

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