How to Save Money on Everyday Expenses
How much should you save invest and spend? The amount of money you should save, invest and spend is at least 20% of your income should go towards savings. Meanwhile, another 50% maximum should go toward necessities, while 30% goes toward discretionary items. This is called the 50/30/20 rule of thumb, and it provides a quick and easy way for you to budget your money.
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