The “Reverse Budget” – an Alternative to Budgeting, Episode #22
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For anyone who dislikes budgeting (ourselves included), this episode provides a great alternative – the reverse budget. By switching your focus from tracking monthly expenses to hitting specific savings targets, it makes it easier to stay on track with your financial goals while at the same time reducing the legwork involved along the way. In this episode, we explain how to implement the reverse budget using a four-step process and how to periodically review your progress over time. Hopefully, this helps you keep on pace with your savings while also allowing you to enjoy any leftover money “guilt-free.”
Resources & People Mentioned- Download our guide: The Toolkit for Optimizing Your Finances as an Employed Physician
- Download our guide: The Financial Checkup
- https://mdwmllc.com
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