Tag: money management
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The 50-30-20 rule is a simple yet effective budgeting strategy that helps individuals manage their finances by allocating income into three categories. In 2025, this rule has been updated to reflect contemporary financial challenges and opportunities. The guidance now considers evolving economic conditions, digital expenses, and the changing nature of savings and investments. This article explores the updated rule's breakdown, practical application, and tips for adapting it to modern lifestyles. Read more
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