027 | Budgeting Methods and Sinking Funds

Four different types of budgeting methods are reviewed (pay yourself first method, envelope method, 50/30/20 budget, and zero-based budget). These types of budgeting systems can provide you a framework to save money to invest for your future as a physician assistant, PA student, or pre-PA. You may find that one works better for you than others at various points in your life. Sinking funds can be used as part of your budgeting system to help you pay for upcoming known expenses. 

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