What are the best budgeting strategies for 2024?.

Effective budgeting strategies for 2024 can help individuals manage their finances better and save for future goals. Key approaches include the 50/30/20 rule, where 50% of income goes to needs, 30% to wants, and 20% to savings. Additionally, zero-based budgeting allocates every dollar of income to expenses or savings, ensuring a clear financial plan. Another method is the envelope system, which involves using cash for specific spending categories. These strategies can help create a more disciplined approach to personal finance.