10 min
How to Manage Money Using The 50/30/20 Rule Personal Finance with Kaiz Hudda
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- Økonomi
In this week's episode, we go through how to manage your hard-earned money using the 50/30/20 rule. This is a budgeting-focused episode, with the main goal to chat with you about the 50/30/20 strategy which I think is one of the best ways to budget and the simplest way to do so.
Other than covering what the rule is all about, we will also go through the 3 main pillars or spending categories of this rule, which are as follows:
1. Needs
2. Wants
3. Savings
Disclaimer: I am not a financial advisor, please seek financial advise before using any of these techniques to make sure its the best fit for you.
In this week's episode, we go through how to manage your hard-earned money using the 50/30/20 rule. This is a budgeting-focused episode, with the main goal to chat with you about the 50/30/20 strategy which I think is one of the best ways to budget and the simplest way to do so.
Other than covering what the rule is all about, we will also go through the 3 main pillars or spending categories of this rule, which are as follows:
1. Needs
2. Wants
3. Savings
Disclaimer: I am not a financial advisor, please seek financial advise before using any of these techniques to make sure its the best fit for you.
10 min