So I’ve recently started to split my finances. I try to follow the 50/30/20 budget rule.
It’s like allocating 50% of your budget to needs such as housing and transportation. 30% goes toward wants, which can be eating out, shopping, travel, and more. Finally, 20% goes toward savings and debt. Starting doing this since November.
Have anyone else tried the 50/30/20 rule? Is yes, how did it work out for you?
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