Zero-based budgeting
A W. P. Carey management expert shares who can benefit from zero-based budgeting and how to create a budget that works for you.
In this story published Aug. 1, 2025, on WalletHub:
For me, the key is being realistic. Some expenses, like utilities, fluctuate, so I always plan for the higher months and adjust as I go. I also make sure to include entertainment or "fun money" in my budget. Cutting it out completely never works long-term, but setting aside a small, intentional amount for things like dinners out, concerts, or streaming makes it easier to stick with the plan. And finally, I review my budget every month and tweak it as needed. Zero-based budgeting only works if you treat it like a living plan instead of a one-time exercise.
— Todd Altomare, instructor of management and entrepreneurship
Latest news
- Generative AI isn't waiting for business to catch up
New research and a website give businesses tools for managing AI use — from the boardroom to…
- The global supply chain is learning to heal itself
New research finds that the global supply network is becoming more resilient not by getting…
- 5 wealth-building stocks to buy with an inheritance that will help build the next inheritance
An ASU finance expert's research found that less than 50 stocks are responsible for half of the…