The rule suggests dividing your after-tax income into three main categories:
Needs (50%): This category is designated for things you need to survive.
Wants (30%): This category is designated for the fun stuff, things like entertainment and travel.
Savings (20%): This category is strictly for savings. 20 30 50 Rule, Journaling Categories, Budgeting Motivation, 50 30 20 Rule, Saving Categories, 50 20 30 Budget, Budget Allocation, Financial Savings, Budget Rule

The 50/30/20 Rule: A Simple Budgeting Guideline

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50/30/20 Rule

The 50/30/20 rule is a simple budgeting guideline that can help you allocate your income into different categories to achieve financial balance.

Journaling Categories

Budgeting Motivation

Saving Categories

50 20 30 Budget

Budget Allocation

Financial Savings

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