How to Divide Your Income with the 50/30/20 Budget Rule

There’s a lot to consider when you’re wondering how to divide your income. The simplest and most direct way to divide your income is using a budget spreadsheet and a simple budget rule like the 50/30/20 budget template. I’ve found that budgeting is easier to do when there are rules and guidelines. Otherwise budgeting feels […]
What are the 3 Categories of the 50/30/20 Budget?

There are 3 categories of the 50/20/20 budget. After calculating your after tax income, split your income into three spending categories – 50% for needs, 30% for wants, and 20% for savings and debt repayment. The 50/30/20 budget rule is perfect for anyone looking to start a budget. And the good news is, you don’t […]
How to Create a Zero Based Budgeting Template

What if you had a simple budget template to track your money? You’d know… How much you spend on groceries Can you afford to buy a house? Are you actually saving money? Why you’re not saving money Will you be able to retire early? All of this, and SO MUCH MORE can be tracked and […]