Budget Money Rules: 70/20/10 vs. 50/30/20 – Which is BEST?

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Scarlett discusses the difference between the 70/20/10 and the 50/30/20 budget rule! ****** Want to learn how to EASILY save money every month? Watch the next video in this series and find out how you can save money on any monthly budget! WATCH THIS NEXT! https://youtu.be/0GfTlhhplpE

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Sources for this video:
Article on budget rules: https://thirtyeightinvesting.com/70-20-10-money-rule/
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Timestamps:
00:00 – Introduction
00:10 – What are money rules?
01:19 – The budget line 70/20/10
02:19 – The 50/30/20 budget rule
03:09 – Which budget rule is the best?
04:29 – Which budget line should I use?

QUESTION: Which budget rule do you use?

About this video:
In this video, Scarlett compares the 70/20/10 budget rule with the 50/30/20 budget rule!

#702010rule #thirtyeightinvesting #budgetrules

DISCLAIMER: Links in this description may be affiliate links. If you purchase a product or service through the links I provide, I may receive a small commission. There are no additional costs for you! The advice in this video is not professional financial advice and is for educational and entertainment purposes only.