, and Citi Premier℠ Card) help us save big over time since we travel around 16 weeks of the year, often to the tune of tens of thousands of dollars per year.A zero-sum budget requires you to spend every dollar you earn on paper and "give each dollar a job." This ultimately results in a checking account balance near zero at the end of the month after all bills, spending, and investing have been taken care of.
I typically budget $600 per month for groceries and dining out, for example, so I look at our credit card bills throughout the month to see where we are. If we have 10 days left in the month and we have already spent $500 on food, I make sure we only spend another $100 in that category until the new month begins and I can replenish funding.
And while this is just a side benefit, paying our credit card bills off several times per month also helps us ensure our utilization remains extremely low. This helps us maintain an excellent credit score, which is an important component of our financial health.emergency fund
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