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The 50/30/20 Budget Rule: A Step-By-Step Guide
The 50/30/20 budget rule is a simple and intuitive plan to help you reach your financial goals. You allocate 50% of your after-tax income to needs, 30% to wants, and 20% to savings and debt repayment. Budgeting doesn’t have to be intimidating. And it doesn’t have to mean giving up your latte. But in order to be…