Living below your means allows you to reinvest elsewhere: • Emergency Fund • Stocks • Crypto And more 👏

The 50/20/30 rule is a budgeting strategy that allocates after-tax income into three categories: 50% for needs, 30% for wants, and 20% for savings. It's a simple plan that can help people organize expenses and adjust spending and saving habits. Needs 50% of income goes to essentials like housing, groceries, utilities, transportation, child care, and debt payments.