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The 50 30 20 Rule is a simple concept for wealth generation that we can apply to our finances. It states that for every dollar you make, 50 cents should go towards your needs, 30 cents should go towards your desires, and 20 cents should go towards your savings & investing.
This rule helps us stay on top of our personal finances by making sure we are not living beyond our means. By following this rule, we will be able to make the most of our money without feeling that we have to do without certain things.
This rule can help us stay on top of our personal finances by making sure we don't spend more than we take in. By following this, it helps us make the most of our money without feeling that we must do without certain things
Master Budget
My Website: https://personalwealth.io/50-30-20-rule-budgeting/
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