50 30 20 Rule: Budgeting Strategies for Success
50 30 20 Rule: Smart Budgeting for Financial Freedom The 50 30 20 rule is a simple yet effective budgeting strategy that helps individuals manage their finances by dividing after-tax income into three categories: needs, wants, and savings or debt repayment. This approach, popularized by Senator Elizabeth Warren in her book “All Your Worth,” has … Read more