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How to Create a Budget You Can Actually Stick To

Finance ExpertsJuly 6, 2024

The word "budget" often sounds restrictive, but it's really about empowerment. A budget is simply a plan for your money, giving you control over where it goes.

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The 50/30/20 Framework

A popular and easy-to-follow budgeting method is the 50/30/20 rule. Allocate 50% of your after-tax income to Needs (housing, transportation, groceries), 30% to Wants (hobbies, dining out), and 20% to Savings and Debt Repayment.

Tools to Help You Succeed

Our Budget Manager can help you track your progress against your goals.

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