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.
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