50/30/20 rule

Concept

A budgeting guideline suggesting spending 50% of take-home pay on needs, 30% on wants, and 20% on savings/debt repayment. It's presented as an alternative to the 30% rent rule.

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Videos Mentioning 50/30/20 rule

How Much Home You Can ACTUALLY Afford (By Income)

Graham Stephan

A budgeting guideline suggesting spending 50% of take-home pay on needs, 30% on wants, and 20% on savings/debt repayment. It's presented as an alternative to the 30% rent rule.