Zero Based Budget For Sentinels (ISTJ, ISFJ, ESTJ, ESFJ)

Sentinels (ISTJ, ISFJ, ESTJ, ESFJ) People often perceive Sentinels as diligent and meticulous individuals who enjoy having everything structured and functioning in a systematic manner. It is not surprising that when it comes to managing finances, Sentinels are usually considered the responsible ones who tend to approach money matters in a practical manner. However, even for Sentinels an unforeseen life event could disrupt the best-planned financial calculations.

Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period. The process of zero-based budgeting starts from a "zero base," and every expense is analyzed for its needs and benefits. The budget is then built around what is needed for the upcoming period, regardless of whether each budget is higher or lower than the previous one."

Here’s what David Ramsey has to say:

 “If you cover all your expenses during the month and have $500 left over, you aren’t done with the budget yet. You must tell that 500 bucks where to go. If you don’t, you lose the chance to make it work for you in getting out of debt, saving for an emergency, investing, paying off the house, or growing wealth.”Video