Budget for Multiple Financial Goals With the 50/15/5 Rule - Deepstash

Bite‑sized knowledge

to upgrade

your career

Ideas from books, articles & podcasts.

published 1 ideas

Budget for Multiple Financial Goals With the 50/15/5 Rule

twocents.lifehacker.com

The 50/15/5 rule for multiple financial goals

  • 50% of your income goes toward essential expenses: rent, bills, minimum debt payments.
  • 15% percent goes to retirement savings. They also suggest you increase this by 1% each year.
  • 5% goes toward unexpected monthly expenses or building an emergency...

56

STASHED IN:

5.2K

0 Comments

Discover and save more ideas by creating a

FREE

Deepstash account.

Develop a

reading habit

, save

time

and create an amazing

knowledge library

.

GET THE APP: