The perfect rule to save without depriving yourself of anything

everything in summer bills. Vacations, meetings with friends at the beach bar, social gatherings multiplied… to allocate part of our salary to savings. And not just in the summer.

If we want to have a pillow for the unexpected or if we are thinking of buying a house or a car, we will need some things. save money. While this goal may seem like science fiction from a bank statement, the reality is that we can achieve it. How? Well, to follow one of the most recommended rules by experts on the subject. about 50-30-20 rule and we will tell you what it consists of.

What is the 50-30-20 rule?

This rule is a save method created by Elizabeth Warren teacher Harvard He laid it out in his book “All You’re Worth: The Ultimate Lifetime Money Plan.” Its operation is very simple. It is enough to allocate half of your earnings to basic expenses; 30% of your salary will go to personal expenses, the remaining 20% ​​will go to the piggy bank.

Save every month with this simple method splash


Now, once we have We have divided our payroll into three groups. It may be necessary to define exactly what expenses are included in each of the first two (basic expenses and personal expenses). Let me see you.

What are the basic expenses?

According to Warren’s rule, 50% of our income should be used to cover all expenses. “basic expenses” But what are really basic expenses? Expenditures, which the Harvard professor defines as fundamental, housing and Food. Electricity, water, internet or mobile phone bills are also included in this group.

What about personal expenses?

The second part to which we dedicate our salary is called. “personal expenses” and includes clothing, gym, leisure activities and outings with friends, among others.

We allocate 30% of our budget to these activities. However, this is definitely the hardest part to keep away from.

How to save money in a simple way pixabay


It is possible to save 20% of what we earn

After our basic and personal expenses are covered The rest of the profit will go to savings. In this way, and almost unconsciously, we may have an economic residue that will gradually increase. That way, when the next holiday comes or an unforeseen event occurs, we can use that money and face the extra expense without much hassle.

Source: Informacion

Popular

More from author

IOC acknowledges influence of politics on organization 10:25

International Olympic Committee (IOC) President Thomas Bach talked about the impact of politics on the organization. His words guide the way TASS. “I have...

Armenia banned Vladimir Solovyov’s programs from being broadcast on its territory 09:48

Armenia has banned journalist Vladimir Solovyov's original programs from being broadcast in the country, citing "violations" recorded by the Armenian Television and Radio Commission....

Japan allows foreigners to work in four more fields 09:56

The Japanese government allowed the use of experts from other countries in four more areas of the economy. Foreigners can now work in...

A woman in the Tyumen region was fined for leaving offensive writings on the ballot paper 09:58

A resident of the Tula region was fined for discrediting the Russian Armed Forces. In this respect reports Press service of the courts...