Necessary, Yours, Mine, Optional - budgeting method for spouses/families

A staple of the Budget Boot Camp course. A simple budgeting technique in which budgets categories are assigned by ownership.

Necessary - owned by nobody, things like mortgage, electricity, internet go here

Yours - the kinds of expenses typically managed by your spouse

Mine - the kinds of expenses you typically manage

Optional - anything not in the above

These tie into the 7 Bank Accounts approach.


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