3 — Sum up your needs. - Deepstash
3 — Sum up your needs.

3 — Sum up your needs.

Here, you can understand how much money you will need monthly to live. If that’s more than 50%, remove the budget from the other two categories. If it’s less, you can increase the other two.

However, keep a 5-10% margin on your needs. Otherwise, you will take money from your Wants budget every month.

35

213 reads

CURATED FROM

IDEAS CURATED BY

cosminangheluta

Passionate about self-improvement, personal growth, finance, and creativity. I love to inspire people to become the better version of themselves. Author @ www.cosmopolitanmindset.com

Stop Wasting Money: Master the 50/30/20 Budget Rule for Financial Freedom – Simple Steps to Take Control of Your Finances, Save More, and Achieve Your Long-Term Goals

Similar ideas to 3 — Sum up your needs.

Budgeting your money is the cornerstone of a sound financial plan, and seeing all the numbers in black and white can offer valuable perspective on where your mone...

WES MOSS

Budgeting myths

  • Myth - I don't need to budget: A budget focus on identifying all the expenses that are likely to occur during the month, quarter, and year. A budget can identify costs that could be reduced or cut.
  • Myth - I'm not good at math: Budgeting software on...

How to study 📚🦋💻📑

Get organized

  1. Carry a homework planner at all times. Entering homework, projects, tests and assignments as soon as they are assigned will make sure they aren’t forgotten about.

Pay attention in class

  1. It’s important to concentrate and avoid distractions when t...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates