
Split monthly income into needs, wants and savings with the 50/30/20 rule.
Needs budget (50%)
$2,500.00
rent, food, bills, minimums
Wants (30%)
$1,500.00
Savings (20%)
$1,000.00
The 50/30/20 rule splits your $5,000.00 monthly income into $2,500.00 needs, $1,500.00 wants and $1,000.00 savings.
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