One of the Easiest Budgeting Tactics for Complete Beginners

Credits: Micheile Henderson

Nothing works better than good old fashion budgeting when it comes to managing your personal finances. But with the avalanche of budgeting advice available, it can be so overwhelming that you decide you’re better off not trying. For a seriously straight forward budgeting tool, try the 50/30/20 budget rule. Here’s a rundown of what it is and how to use it.

--

--

--

Digital Content Strategist @ A Fourth Place (www.afourthplace.com) | Big fan of early 2000s R&B, ceramides and flat whites (in that order)

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

4 Financial Misconceptions You Have to Overcome Before You Can Build Wealth

𝐅𝐄𝐖 𝐓𝐈𝐏𝐒 𝐎𝐍 𝐇𝐎𝐖 𝐓𝐎 𝐂𝐑𝐄𝐀𝐓𝐄 𝐖𝐄𝐀𝐋𝐓𝐇

Will Barnes & Noble Die This Holiday Season?

15 Things To Quit Buying to Save More Money

Save more, spend less — Jetseed

Make 1000% earnings at 24kswap.finance

Stock returns mean nothing if you don’t consider the risk you took

Spotlight: Meet Abigail Kwao

Beware of Common IRS Taxpayer Scams

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Shirley

Shirley

Digital Content Strategist @ A Fourth Place (www.afourthplace.com) | Big fan of early 2000s R&B, ceramides and flat whites (in that order)

More from Medium

Automate your Savings: A Simple First Step to Wealth

The Trap With ROI

Why You Should Be Tracking Your Net Worth

A computer screen showing asset performance over time via line graphs.

How Much Money I Made on Day Two of Selling My Entire Life