151k views
1 vote
Why is the 50-20-30 rule easy for people to follow, especially those who are new to budgeting and saving?

User Eran Yogev
by
7.4k points

1 Answer

2 votes
The 50/30/20 guideline is used to keep your spending within a certain goal. This helps people who are new to budgeting because it is a simple rule to follow but also benefits them in the long run. You can then customize the rule to fit your personal life. I don't know much more about it but I hope this helps.
User Poupou
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories