Creating a Budget with GoMyFinance.com Step-by-Step
Have you ever heard of a simple rule for managing money? It’s called the 50/30/20 rule. According to this rule, 50% of your income should go to needs (essential expenses), 30% to wants (non-essential or lifestyle spending), and 20% to savings and debt repayment. Many people struggle to keep track of these calculations properly. That’s…
