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

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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?

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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

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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, […]

30-30-30-10 Budget Rule – How it can work for you

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Need a budgeting system that works but not sure which option is the best? We all know budgeting can help us save money and stop going into debt. And I’m sure you want to save more money too.  But maybe one of these roadblocks keeps getting in the way: thinking “I’m not good at math”  […]

Are You Missing Out on Free Money in Your Budget?

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Disclaimer: This post may contain affiliate links. I would earn a little money with no extra cost to you. The opinions expressed are my own. Read my disclaimer to learn more. Who doesn’t want free money? Let’s face it, pretty much everyone wants more money. It can help you get out of debt faster, pay […]

5 Reasons You Need to Start a Budget Today!

Do you have a budget? 5 Reasons to Start a Budget Today!

Why do you need a budget? There are so many people who make new years resolutions to save more money, spend less money, or pay off debt. Maybe you think that you don’t really need to make a budget because you can just keep track of everything in your head. I used to think that. […]