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Suman

Exploring peace of m... • 1y

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.

Recommendations from Medial

Om Raut

Investing in Knowled... • 1y

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

3 Replies

Soumyadip Dey

Hesitation is Defeat... • 1y

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

Mahendra Lochhab

Content creator • 1y

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

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

1 Reply

Utkarsh

Every Trand Makes Ne... • 10m

"Why Saving Feels Like a Burden? Let’s Fix That!" For many, especially salaried professionals, saving = stress. No thrill, no reward — just sacrifice. But truth is, saving isn't boring. It's just misunderstood. The problem isn’t saving. The problem

Shivam Tyagi

"Driving Opportuniti... • 1y

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

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.