Savings and Budgeting

Savings and Budgeting

the 60-30-20 rule budget

WHAT IS THE 60-30-10 RULE BUDGET? – THE LIGHTNING-FLASH SAVER

Have you ever wondered what finance would be like without a budget? Well, there’ll be no finance. When we talk of budget, we talk of numbers. Today, let’s introduce you to another number: the 60-30-10 rule budget. WHAT IS THE 60-30-10 RULE? It is a budget rules that says you should save 60% of your …

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How much cash should I have on hand?

HOW MUCH CASH SHOULD I HAVE ON HAND AT HOME? (ULTIMATE GUIDE)

Delicate questions are answered delicately. How much cash should I have on hand at home? Financial experts do not agree on a particular amount. But here is the principle: Keep enough money to take care of 3 – 6 month’s basic expenses and enough for an emergency. Financial advisers and ‘gurus’ are divided on a …

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The 50 30 20 Rule

THE 50-30-20 RULE – THE ULTIMATE LIFETIME MONEY PLAN

In 2006, when Elizabeth Warren published her book, All Your Worth – The Ultimate Lifetime Money Plan, she obviously could not have foreseen the impact she was about to make in the world of finance. Today, some 16 years later, the world is still talking about the 50-30-20 rule. What is the 50-30-20 rule? Is …

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