Creating a budget can often seem so complex. The more complicated it seems, the less likely you may be to make the effort. But you need some type of budget to help keep your spending in check and to ensure progress toward your short- and long-term financial goals. If you’re new at creating a budget — or have been putting it off for fear of messing it up because you don’t fully understand what it is you’re supposed to do — consider the simplified 50/30/20 budget instead. Why Is the 50/30/20 Budget So Popular? Shakespeare once said, “Brevity is the soul of wit.” It rings true today — especially when it comes to creating a budget. The 50/30/20 budget is…
Why You Should Try the 50/30/20 Budget
Creating a budget can often seem so complex. The more complicated it seems, the less likely you may be to make the effort. But you need some type of budget to help keep your spending in check and to ensure progress toward your short- and long-term financial goals. If you’re new at creating a budget — or have been putting it off for fear of messing it up because you don’t fully understand what it is you’re supposed to do — consider the simplified 50/30/20 budget instead. Why Is the 50/30/20 Budget So Popular? Shakespeare once said, “Brevity is the soul of wit.” It rings true today — especially when it comes to creating a budget. The 50/30/20 budget is…