The 50/30/20 Budgeting Rule

The 50/30/20 Budgeting Rule What is the 50/30/20 budgeting rule? US Senator Elizabeth Warren created the 50/30/20 budgeting rule in her book, All Your Worth: The Ultimate Lifetime Money Plan. The general idea was to divide up your after-tax income and allocate it to three categories: 50% for needs 30% for wants 20% for savings […]