In this video, we're going to discuss the 50-30-20 Rule of Money, which is an easy financial planning rule that can help you get started with your financial planner.
The 50-30-20 Rule of Money is simple: you should spend 50% of your income on essentials (housing, food, transportation), 30% on holiday and leisure activities, and 20% on your other expenses. By following this rule, you can easily track your expenses and make sure you're spending your money wisely.
By following the 50-30-20 Rule of Money, you can easily create a budget and start to develop a financial plan for your future. This video is a great introduction to financial planning, #salary #savings #rich #sharemarket
