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20% of your income is for saving The 70:20:10 rules works by allocating percentages of your money into three categories. 1 file description | (241) ruthann szymanowski feb 9, 2023 just what i needed.thank you!. Rather than managing your gross income down to the last penny, this simple budget method is just a general guideline that can help you set realistic financial goals. Take complete control of your finances, change your money habits and start your path toward financial freedom!
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In today's video, i show you how i use my 70/20/10 budget method and provide you with a free budget. The biggest chunk, 70%, goes towards living expenses while 20% goes towards repaying any debt, or to savings if all your debt is covered. This categoryaisysplit into fixed anddvariableoexpenses. Cash envelope tracker, money tracker, cash tracker sheet, budget inserts, cash.
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