Last week we looked at three budgeting systems:
We have different financial goals. For some it’s to maximize on savings while for other’s it’s all about spending. We’ll compare the above budgeting systems to see which favours spending and which favours savings, giving you a broader picture of which budgeting system suits you.
We will use Antonio as our hypothetical case study. He earns KES 35,000 as net income. Below is a comparison of how his money will be spent using either of the above budgeting systems. Maybe this will help you pick the plan that works best for you.
