Value-based budgeting is an innovative financial approach that centers around aligning spending with personal values and priorities. Unlike traditional budgeting methods that often focus solely on income and expenses, value-based budgeting emphasizes the importance of understanding what truly matters to an individual. This method
encourages individuals to reflect on their core values, such as family, health, community, and personal growth, and to allocate resources in a way that supports those values. By doing so, individuals can create a budget that not only tracks their finances but also enhances their overall quality of life.