The 70/20/10 rule is a simple guide to financial planning that can help you reach your financial goals. It states that you should allocate 10% of your income to savings, 20% to debt repayment, and the remaining 70% to your living expenses.
The 70/20/10 rule is a good starting point for most people, but it may need to be adjusted based on your individual circumstances. For example, if you…
Budgeting and saving are two of the most important financial habits you can develop. By tracking your income and expenses, you can see where your money is going and make sure you’re on track to reach your financial goals.
Here are some of the most effective practices for budgeting and saving:
Use a budgeting app. There are many budgeting apps available that can help you track your…