What is the 70/20/10 rule money?
What is the 70/20/10 rule money?
The 70/20/10 rule means 70% of your income is spent on living expenses, 20% on savings or investments and 10% on debt. It assists in balancing our living expenses and helps create financial growth as well.
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MarketMavin
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Re: What is the 70/20/10 rule money?
I seem to like this one more than the 50/30/20 rule. It seems to be more productive and it suits my lifestyle better. I might change to this one soon.
Re: What is the 70/20/10 rule money?
Yes, but I guess it is really a matter of consistency. Once you can discipline yourself to stick to the rule, you 'll probably achieve the needed result in the long run.MarketMavin wrote: Sat Aug 16, 2025 8:21 am I seem to like this one more than the 50/30/20 rule. It seems to be more productive and it suits my lifestyle better. I might change to this one soon.