 TITLE: How to Budget Using Multiple Accounts CONTENT: Other Budgeting Methods to Consider\n-----------------------------------\nIf maintaining several bank accounts seems overwhelming, here are other options to try:\n*   **Envelope budgeting**: This is an option for budgeters who like a hands-on approach. You'll decide on a range of budgeting categories and assign each an envelope. You'll then divide up your earnings each pay period, in cash, across all the envelopes according to the amounts you've determined you'll spend in each category. If you spend all the cash available in one envelope, you're discouraged from pulling from another envelope—you'll simply have to wait until the next pay period to continue spending in that category.\n*   **The 50\/30\/20 budget**: Using this method, your income is split into necessities (which you'll spend no more than 50% of your income on), wants (30%) and savings and debt payoff (20%). This can help you decide how much to spend in each category no matter which supplemental budgeting strategy you choose, such as multiple accounts or envelopes.\n*   **Zero-based budgeting**: The zero-based budgeting method sorts every dollar you earn into a category. But unlike envelope budgeting, it allows you the freedom to move money between categories if necessary. You can use this in tandem with multiple-account budgeting by splitting every dollar you earn into separate accounts, letting you easily account for all of your money each month. END