Budgeting 101: The 50/30/20 Rule
Managing your finances can be challenging, especially if you live paycheck to paycheck. It’s easy to feel overwhelmed and stressed when unsure how to make ends meet. However, there are simple strategies you can use to take control of your finances and avoid financial stress and anxiety. One such strategy is the 50/30/20 rule.
How Your Mindset Affects Your Budgeting Habits
One of the most common money mindsets is the scarcity mindset. This is the belief that there's never enough money to go around and that you'll always struggle to make ends meet.