50/20/30 342705-50/20/30 rule of budgeting
What is the 50/30/ rule? What is the 50//30 rule (or )? The 50/30/ rule budget is a simple way to budget that doesn't involve detailed budgeting categories Instead, you spend 50% of your aftertax pay on needs, 30% on wants, and % on savings or paying off debt Editorial Note Credit Karma receives compensation from thirdparty advertisers, but that doesn't affect our editors' opinions Budgeting Using The 50 30 Rule Tfe Times 50/20/30 rule of budgeting