The 50-20-30 Rule

[benhartnett]

Good advice assuming you’re earning at least twice what you actually need. Unfortunately that is fewer and fewer people nowadays.

[colbywalker]

In 2024, 50% goes to rent and 30% goes to food alone

[AvaC]

Crazy how The Girl Boss Hustle:Earn 10k From Home isn’t all over the place. People are seriously missing out.

[lazart]

I’ve read a lot of books, but Lost Scrolls of Jewish Wealth is on a whole different level. It’s the kind of knowledge that stays with you forever.

[kiranicharles]

I learned a lot about this concept in book 'Prosperity unleashed: Mastering path to freedom'. It was like I started living new life after reading this masterpiece. I finally understood where were my mistakes.

[adechesaiki]

The problem is that these percentages do not match income any more. Like 100 percent goes to necessities. Saving money just for fun is a luxury. Most people have to compromise necessities to be able to have fun 😢

[ImmortalAmbitions]

Problem is rent and housing costs have approached the point where they ALONE take up to 50% of ones income...
Without adding the other NECESSITIES

[dominicandjuliabailey]

This rule sadly does not work for anyone making under 125k with a family of 4. I live very modestly and make just under 100k. I ain’t saving shit! Unless the cost of housing, groceries and utilities go down dramatically, or income goes up significantly outpacing inflation, the average person is just making enough to get by.

[StHD]

Most people live on your 50% fund, but takes 90-100% of their take home pay!

[David-ncq]

Great all I need now is a good paying job😂

[jonsingle]

The rent I pay for this lot under a bridge has gone up 60% this yr !

[juanpedro]

As a single man with good salary and frugal living this principle has worked... I even switch 30% for saving and 20% for hobby.

[Emmyyyy]

Women talk about financial freedom, but few share practical steps. That’s why I love Girl Boss Hustle: Earn 10k From Home. Straight to the point and life-changing.

[Rickus-of]

We receive so much when we give to others, would love to see a focus on generosity

[BloomBella]

She once talked about the book 'Entrepreneurship by Women by Olivia Turner' and can’t believe how underrated it is. This book helped me reach 10k from home, definitely recommend.

[bilingualblondie]

People are paying 55% (and many MUCH more)of their income just for rental housing

[ToddMcKeever]

Your insights on wealth and its true purpose are spot on! To build on this, I’ve found that true financial freedom comes from aligning wealth with impact—using resources not just for personal gain but to empower others. Thanks for sparking this reflection!

[cellpat]

If my job paid me enough I'd follow this.

[JohnSmith-]

70% goes to rent, 50% to food and 30% water, electric and gas

[Martistanford]

Great in theory for people making $70k+.

Many Americans are lucky if rent, utilities, food, and transportation are under 75%.