The 50/30/20 rule is a simple financial guideline to help you manage your personal finance and create a budget. The rule states roughly 50% of your monthly income should be going to your “needs” expenses, 30% should be going to your “wants” expenses, and 20% should be going to your future in the form of paying down your debt or investing your money. This simple budget outline will help you get out of the rat race and ultimately achieve financial independence.

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Malcolm Lawson
The Lawson Group
Keller Williams Flagship Of Maryland
231 Najoles Rd Suite 100, Millersville, MD 21108

📞 C:443-333-9505
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