Consumer Tip
The COVID-19 outbreak may have you rethinking how to manage your spending and income.
The idea behind this budgeting method is to give every rand a job. A zero-based budget can help you avoid wasting money when your finances are upended. A zero-based budget means that you are assigning every rand you have coming in each month to a specific purpose. Once you figure out what you need to allocate to cover expenses, savings and debt repayment, you should have zero money left over for the month.