The 50/30/20 Rule: A Simple Budgeting Hack for Financial Success

Introduction Managing money can feel overwhelming, but it doesn’t have to be complicated. One of the most effective and easy-to-follow budgeting methods is the 50/30/20 rule. Popularised by U.S. Senator Elizabeth Warren in her book All Your Worth: The Ultimate Lifetime Money Plan, this method divides your income into three simple categories—50% for needs, 30% […]