The 50/30/20 Rule: The Ultimate Budgeting Strategy for Beginners

Feeling overwhelmed by budgeting? The 50/30/20 rule is a simple yet powerful strategy to take control of your finances. In this video, we break down exactly how to use this method to manage your money, save for your goals, and still have fun! We'll cover: What the 50/30/20 rule is and why it works How to categorize your spending into Needs, Wants, and Savings A step-by-step example to help you create your own 50/30/20 budget Tips to get started today! Whether you're a complete beginner or just looking for a better way to manage your money, this video is for you. Subscribe to Money Made Simple for more practical financial advice!