Best way for a user to specify budget/price range?

1. What are the 4 methods that you can use to keep a budget?
2. When setting a budget What 3 main things should you consider?

What are the 4 methods that you can use to keep a budget?

There are four common types of budgets that companies use: (1) incremental, (2) activity-based, (3) value proposition, and (4) zero-based. These four budgeting methods each have their own advantages and disadvantages, which will be discussed in more detail in this guide.

When setting a budget What 3 main things should you consider?

Start with a financial self-assessment. Once you know where you stand and what you hope to accomplish, pick a budgeting system that works for you. We recommend the 50/30/20 system, which splits your income across three major categories: 50% goes to necessities, 30% to wants and 20% to savings and debt repayment.