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| Name | Learn How EASY the 50/30/20 Budget Really Is! |
| Video Uploader | Video From Debt.com |
| Upload Date | This Video Uploaded At 03-03-2023 13:28:09 |
| Video Discription | Most people aren’t quite sure what the 50/30/20 budget actually is, but with our guide you’ll understand the basics and how to properly use it. Implemented to help streamline how you think about conceptualizing your budget, it is broken into 3 categories: needs, wants and savings. Most of your budget (50%) should be going towards food, rent, and other ESSENTIALS that you can’t live without. The next portion will be your wants (30%) or what you can afford to spend on luxury items or items that aren’t necessary. Finally, and almost as importantly, are your savings (20%). With whatever left you may have, be sure to put enough into your savings to build up a healthy emergency fund. If you need more help budgeting or general financial information, head over to Debt.com for all your needs! --------------------------------------------------------------------------------------------- Remember to let us know your thoughts in the comments section below! For more information about Debt.com SIGN UP for our NEWSLETTER: https://www.debt.com/ub/newsletter/ Follow us on social media: ★ Facebook: https://facebook.com/debtcom/ ★ Twitter: https://twitter.com/debtcom/ ★ Instagram: https://www.instagram.com/debtcom/ ★ Pinterest: https://www.pinterest.com/debtcom/ ★ TikTok: https://www.tiktok.com/@debt.com?lang=en |
| Category | People & Blogs |
| Tags | Debt | Debt.com | Personal Finance | Student Loan | Business Loan | Personal Loan | Mortgage | Tax | Credit | Credit Cards | 50 30 20 | percent | money guide | learn basics | fight inflation | DIY | How to | Essentials | saving | mindset |
