Breakfast Bites: The 50/30/20 Budgeting Rule - Does it need some tweaking?

Published on 23 Oct 2024
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A budgeting rule has been making the rounds... it’s called the 50/30/20 rule.  WIth this model, 50% of your pay goes to needs, 30% to wants, and 20% to savings.

But in today’s economy, cost of living, inflation and so on, do we need to make some adjustments?

Join us as we break down how budgeting advice is evolving and how you can tweak the numbers to fit your financial reality. 

 

Presented by Audrey Siek & Ryan Huang

Produced and Edited by Audrey Siek 

Music and photo credits: Pixabay & its talented community of contributors

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