Personal Finance

Better Finances for a Better You

Topic: "80/20 Budget"

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Serious Stuff

What is the 60/30/10 budgeting rule?


  • 60% for essential expenses or needs
  • 30% for discretionary spending or wants
  • 10% for goals like paying off debts, saving or investing

It's trending as an alternative to the longer-standing 50/30/20 method

Learn more about the 60/30/10 budgeting rule →

Word of the week

80/20 Budget

According to the 80/20 budgeting strategy, 20% of your income is allocated to savings and investments and the remaining 80% is used for monthly expenses and spending. Of course, not everyone will benefit from the 80/20 budget rule. If you have a specific financial objective in mind, such as debt repayment or an early retirement, you may allocate more than 20% of your income to that purpose.

Find other budging methods that may work better for you →

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