What is the 50/20/30 budget rule?
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Do you worry about your dismal bank statement and that you do not save enough? Most problems arise from lifestyle inflation, overspending habits, and of course poor budgeting. In a book titled ‘All your Worth: Ultimate Lifetime Money Plan’, Senator Elizabeth Warren popularized the 50/20/30 budget rule. This rule is very straightforward in practice.
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Ronald Davis
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