Archive for December, 2014

Yes, you would include your mortgage payment in your zero-based budget

by jenadmin .

Spend every dollar on paper, on purpose. But it isn’t part of the Baby Step 2 snowball. It would be in Baby Step 6,

1 – BEF
2 – Debt Snowball
3 – FFEF of 3-6 months of expenses
4 – 15% to retirement
5 – Saving for college(if applicable)
6 – Pay off mortgage early
7 – Become very wealthy and give a bunch away