Personal Finance

A 70 20 10 budget is a straightforward financial strategy that allocates 70% of your income to living expenses, 20% to savings and investments, and 10% to debt repayment or…

The 50/30/20 budget rule is a simple and effective method to manage personal finances by allocating income into three categories: needs, wants, and savings. This approach helps individuals maintain a…

What is the 50-40 Rule? The 50-40 rule is a guideline often used in the context of financial planning and budgeting. It suggests allocating 50% of your income to necessities,…

What is the 65 20 15 Split? The 65 20 15 split is a budgeting strategy that allocates income into three categories: 65% for needs, 20% for savings, and 15%…

The 50/30/20 rule of money is a simple budgeting framework designed to help individuals manage their finances effectively. It divides your after-tax income into three categories: 50% for needs, 30%…