50/30/20 Budget: How To Manage Your Money by Needs, Wants, & Savings

Описание к видео 50/30/20 Budget: How To Manage Your Money by Needs, Wants, & Savings

When you start getting serious about your finances, one of the first things you might realize is that a budget can help you answer a lot of questions, from “Can I afford this?” when you’re about to hit the add-to-cart button to “When can I retire?” when you’re thinking about your long-term plans. For many people, budgeting can seem intimidating or too time-consuming at first. But learning how to budget may be the key to setting yourself up for financial success.

The 50-30-20 budget helps you set your priorities by clearly laying out how much of your monthly income you should spend on each of three categories: 50% to needs, 30% to wants, and 20% to investing and saving.

Learn more about budgeting here: https://www.stash.com/learn/how-to-ma...

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