Tag: how to budget and save money for beginners
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The 60-20-20 Rule: How to Budget Your Money for Maximum Savings
If you want to save money, one of the best things you can do is follow the 60-20-20 rule. This rule states that you should spend 60% of your income on needs, 20% on savings, and 20% on wants. It may seem like a difficult thing to do, but if you break it down into…