06/07/2022
💡𝗗𝗶𝗱 𝗨 𝗞𝗻𝗼𝘄?
The 50-20-30 (or 50-30-20) budget rule is an intuitive and simple plan to help people reach their financial goals.
𝟱𝟬% 𝘁𝗼 𝗡𝗲𝗲𝗱𝘀
🏠Home EMI or Rent
🥗Groceries
⚡Utilities (electricity, water, and househelp)
𝟯𝟬% 𝘁𝗼 𝗪𝗮𝗻𝘁𝘀
🧩 Hobbies & Courses
⛱️Trips
🍕Dining
🍿Digital and streaming services like Netflix and Prime
𝟮𝟬% 𝘁𝗼 𝗚𝗼𝗮𝗹𝘀
🧓Retirement contributions
🛅Saving for a house
💵Setting money aside
Put the 50/20/30 rule to work for you today and take advantage of the MO Investor app right away.
▶️ Share this with your stock market bff.
🔖 Save this post for future reference.
☑️ Follow for more interesting facts.
⬇️ Download MO investor app for latest stock market news & stock analysis from experts.