The Rule of 50/30/20 vs. the rule of 80/20

nomad

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• Apr 22, 2024

• #1

Which one do you think is better for managing personal finance, the rule of 50/30/20 or the rule of 80/20? AS far as I am concerned, my favorite way to manage my personal finance is through the rule of 50/30/20

 

bestwriter

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• Apr 24, 2024

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Please explain what these rules are. I have not heard of them so far. Thank you.

 

C

Clandestine

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• Nov 6, 2024

• #3

I believe the 50-30-20 model is better even though it is not even completely realistic.

 

Hate2Wait

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• Nov 9, 2024

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To be honest, I am not following any such rule in my life but I feel the time has come when I need to follow these rules.