SAVINGS & INVESTMENTS 20% - Deepstash

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SAVINGS & INVESTMENTS 20%

  • Emergency Fund 
  • RRSPs / 401K
  • Stocks/ETF 
  • Rental Property 
  • Bonds/Mutual 
  • FUNDS

69

231 reads

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WANTS 30%

  • Restaurants 
  • Entertainment 
  • Vacations 
  • Luxury Items
  • Electronics 
  • Concerts

70

202 reads

NEEDS 50%

  • Housing 
  • Food 
  • Transportation 
  • Medical 
  • Expenses 
  • Essential Debt

70

273 reads

50/30/20

The 50/30/20 rule is a simple way to allocate your money and use it wisely. Following this rule can be helpful for someone who is just starting to learn how to manage their money. 

  • Research shows that 66% of Americans do not set a budget for themselves, but set...

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20%: Savings

20%: Savings

Finally, try to allocate 20% of your net income to savings and investments. This includes adding money to an emergency fund in a bank savings account, making IRA contributions to a

6 ideal investments for beginners

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  1. If you have a 401(k) or another retirement plan at work, it’s very likely the first place you should put your money— especially if your company matches a portion of your contributions.
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