Back

Suman solopreneur

Exploring peace of m... • 6m

Let’s simplify a great budgeting method: The 50/30/20 Rule. It’s a no-fuss way to handle your income wisely: 50% for Essentials: Spend half your income on necessary expenses like housing, food, and transport—things you can’t skip. 30% for Enjoyment: Use 30% for things you love, like outings, shopping, or hobbies—because life’s about balance. 20% for Savings or Debt: Save or invest this part, or use it to pay off loans—this secures your future. It’s an easy way to stay on top of your money, enjoy the present, and plan for what’s ahead.

Reply

More like this

Recommendations from Medial

Image Description
Image Description

Om Raut

"Entrepreneurial lea... • 1y

🟢The 50/30/20 Rule🟢 📈This is Exactly how successful people BUDGET their MONEY 💸 🔵 50% - NEEDS 🟢 30% - WANTS 🔵 20%.- SAVINGS/ INVESTMENTS

3 Replies
6
Image Description
Image Description

Soumyadip Dey

Hesitation is Defeat... • 5m

Balance is not always 50:50. It sometimes 30:70 Maybe 60:40 Even 20:80 Or 34.73:65.27 It's more about doing the most important things more efficiently (even sometimes that one thing only) rather than doing everything equally.

6 Replies
3
Image Description
Image Description

Mahendra Lochhab

Content creator • 5m

New Tax slab: 0-4L-0% 4-8L-5% 8-12L-10% 12-16L-15% 16-20L-20% 20-24L-25% 24L+30% People with income up to 12L will pay 0% income tax.

2 Replies
4
Image Description

Sameer Patel

Work and keep learni... • 1y

Financial knowledge Indian Tax slabs Income tax slabs categorize taxpayers based on their annual income, determining the applicable tax rates. Here's a breakdown: 1. Nil Tax: Annual income up to ₹2.5 lakh for individuals below 60 years. 2. 5% Tax: I

See More
1 Reply
1
9
Image Description
Image Description

Shivam Tyagi

"Driving Opportuniti... • 7m

Struggling to budget your rent? A good rule of thumb is to keep your rent at **30% of your monthly income** or less. This ensures you have enough left for savings and other expenses!

5 Replies
3

Gopinath Bansode

Hey I am on Medial • 5m

hi everybody transport business invest once cr income for 15 to 20%

Reply
2

Sanket Bhosale

Post on Writing & Pe... • 1y

Your problems aren’t the actual ones. - 80% of your problems are self-inflicted. - 80% of your income comes from 20% of your clients. - 80% of your results come from 20% of your time. Focus on 20%, growth will be exponential.

Reply
7

Moiz Khan

I designed what you ... • 6m

I'm seeking a cofounder for a clothing brand who could invest ₹20-50 lakh, or perhaps we could explore loan options.

1 Reply
1
Image Description

Nazish Naeem

You think I Create • 3m

never trust a person... who give 20-30% return profit on your investment.... 💵

1 Reply
4
Image Description
Image Description

Giggity

Memes,games, startup... • 1y

Groww and zerodha is nice for people from middle class but what about people who are rich their investing way is different we buy 10 or 20 shares they'll buy 50 or 1 lakh shares at a time shouldn't there be a platform for the ultra rich to buy shares

See More
5 Replies
12

Download the medial app to read full posts, comements and news.