Managing your money isn’t rocket science
Financial experts and advisors commonly discuss the 50/30/20 rule. It explains how you should apply your net income (as opposed to gross income) towards your needs, wants, and savings.
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Financial experts and advisors commonly discuss the 50/30/20 rule. It explains how you should apply your net income (as opposed to gross income) towards your needs, wants, and savings.
Investment portfolio stands to yield better returns on investment than a regular savings account.
To attain your goal of living within your means, first you should differentiate your needs from your wants. Once these have been clearly identified, you can move on to the next step – budgeting.