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Suman Meghwal

Wealthseekerย โ€ขย 3m

Letโ€™s simplify a great budgeting method: The 50/30/20 Rule. Itโ€™s a no-fuss way to handle your income wisely: 50% for Essentials: Spend half your income on necessary expenses like housing, food, and transportโ€”things you canโ€™t skip. 30% for Enjoyment: Use 30% for things you love, like outings, shopping, or hobbiesโ€”because lifeโ€™s about balance. 20% for Savings or Debt: Save or invest this part, or use it to pay off loansโ€”this secures your future. Itโ€™s an easy way to stay on top of your money, enjoy the present, and plan for whatโ€™s ahead.

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