How much of my budget should go to what?


How much of my budget should go to what? The rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must-have or must-do. The remaining half should be split up between 20% savings and debt repayment and 30% to everything else that you might want.


What is the 75 15 10 rule?

The 75/15/10 method involves allocating 75% of your earnings for spending, 15% for investing, and 10% for saving, prioritizing building wealth through investments rather than relying on savings.