50/30/20 Rule Explained: How to Budget Your Money in 2026 (Step-by-Step Guide)

Learn the 50/30/20 budgeting rule that helped me transform my finances! In this video, I break down exactly how to split your income: 50% needs, 30% wants, and 20% savings/debt. Perfect for beginners who want a simple, effective budgeting system. 💬 Let me know in the comments: What percentage of your income goes to needs, wants, and savings right now? 🔔 SUBSCRIBE for weekly personal finance tips and strategies! --- #budgeting #personalfinance #503020rule #moneymanagement #financialfreedom DISCLAIMER: This video is for educational purposes only and should not be considered financial advice. Please consult with a financial advisor for personalized guidance.