Budgeting

You can think of budgeting as a roadmap for managing your hard-earned cash. It’s a tool many of us rely on. Now let me share with you a practical budgeting method I’ve relied on for almost two decades to help manage money: the 50/30/20 budget rule. If you follow any personal finance blog, you’ve likely […]

If you’re looking to get a handle on your finances and create a budget that works for you, the 50/30/20 budget method is a great place to start. This method involves dividing your income into three categories: needs (50%), wants (30%), and savings and debt repayment (20%). By following this budget, you can prioritize your