Part 1/7:
Effective Money Management with the 50/30/20 Rule
Managing personal finances can be a challenge, especially in today’s digital world where cash is largely replaced by virtual transactions. Without physical money changing hands, it’s easy to lose track and overspend. One of the most straightforward and practical methods to keep your finances in check is the 50/30/20 rule, a simple way to organize your income into three categories that cover expenses, savings, and investments.