By Joseph Delgado. Copyright 2011 by Enchanted Quill Press LLC
MoneyBuckets is very simple. It keeps track of your deposits by breaking them into separate buckets the same as putting cash into a series of envelopes. When your bills come in you empty out one or more buckets to cover the expense.
Repeating the process makes most of your expenses predictable which in turn makes it easier to follow a budget. Following a budget let's you hit your goals for getting out of debt, going on vacation, or having money to invest for your future.