The simplest method of all: decide how much to save, move it automatically on payday, and spend the rest freely as long as bills are paid.
Set it up
- Choose a savings amount, even a small one
- Set an automatic transfer for the day after payday
- Make sure bills are on autopay or a calendar
- Spend the rest without tracking every purchase
Who it suits
People who hate tracking but want to save reliably.
General educational information, not financial advice. The Pennies Budget isn't paid by any company mentioned here.