In today’s financial landscape, the traditional ’50/30/20′ budgeting rule, which designates 50% of income for needs, 30% for wants, and 20% for savings, is facing significant scrutiny. As housing costs skyrocket and inflation continues to strain everyday budgets, many find this formula unrealistic. Households in cities like New York or San Francisco often see their … Continue reading The ’50/30/20′ Budget Is Dead: The New Allocation Rule That Guarantees Debt Freedom