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The 50/30/20 rule is a popular budgeting technique. Use this calculator to figure out how to spend your money.
Editor’s Note: Millions of folks have had their lives disrupted by the coronavirus crisis. And anytime your financial situation changes – whether due to this crisis or when you retire, for example – ...
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Ian Group's budget, which he made in an Excel spreadsheet, has helped him pay down six-figures in student loans.
Fixed expenses (rent, insurance) remain constant monthly, while variable expenses (groceries, utilities) fluctuate. The 50/30/20 rule allocates 50% for needs, 30% for wants and 20% for savings and ...