Tag: finance

  • What Counts as a ‘Need’ vs. a ‘Want’ in the 50/30/20 Budget?

    Defining Needs and Wants in the 50/30/20 Budget Rule The Key to 50/30/20 Budgeting: Mastering Needs vs. Wants The 50/30/20 budget is one of the most popular and simple ways to manage your money. It’s a guideline, not a strict law, that splits your after tax income into three major buckets: 50% for Needs, 30%…

  • Using a Budget App vs. a Simple Spreadsheet (Pros and Cons)

    Budget App vs. Spreadsheet: Which Tool Works Best for Your Money? Choosing Your Budget Tool: Apps vs. Simple Spreadsheets The goal of budgeting is to know where your money is going so you can tell it where to go instead. But that first step—tracking and organizing—is where many people quit. You have two main tools…