Identify Your Personal Budgeting Style

For young adults learning to achieve their financial goals, it's essential to know where their money is going. This is why having a budget is important. And what's even more important is to find a budget that matches your personality. From the first video, it will help you discover the different types of budgets available to fit your personal budgeting style. For more on how to budget based on your ideal preference, watch the video on these budgeting styles:

• pay yourself first method (ideal for people who don't want to track every single expense in the budget and want to increase how much they are saving)
• the 50/30/20 method (ideal for people who like tracking expenses and to follow a guideline)
• the zero-based method (ideal for people who love details and want to know where every single cent goes)

For more insights and steps that can make a big difference in achieving your financial goals, download Vanguard’s Guide to Financial Wellness to continue your financial journey.