The 70-20-10 budget formula divides your after-tax income into three categories: 70% for living expenses, 20% for savings and debt repayment, and 10% for additional savings and donations. By allocating your income into these three distinct buckets, you can more effectively manage your finances on a daily basis.
I Tried the 70-20-10 Rule, and Now I’ll Never Look at My Budget the Same Way by Heather Bien →← Curating the web to find the most interesting and helpful information about your money.