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 […]
50/30/20 Budget Template: A Simple Budget Rule to Start a Budget
Are you ready for a simple budget that you can start today? It’s actually one of the most common and easiest budgeting methods out there. Starting a budget can feel OVERWHELMING! I want to save you time researching to find the PERFECT budget template by telling you about the easiest budgeting method for beginners. Also, […]
How to Review a Budget: Annual Budget Review 2021
Did you reach any of your money goals in 2021? The new year is a great time to reflect on your goals and set new goals for 2022. But reflecting on your 2021 money goals is hard without an annual budget template. Our annual budget template helps me track all of our spending for the […]
How To Maintain A Budget On A Low Income
If you are living on a low income, then things like sticking to a budget, saving, and building wealth must sometimes feel impossible. One report suggests a staggering 63% of Americans are living paycheck to paycheck. How can you maintain a budget on a low income? Is it even possible for someone earning minimum wage […]
How to Budget When You Want ALL the Things
I am so excited to share this guest post today. It was written by my favorite human, my lovely wife Jenna. She was reluctant to write for the blog, but I’m so glad she did. This post is seriously awesome and is jam packed with tips to live on a budget for all the “wanters” […]