All Episodes

June 13, 2021 23 min

In this episode, we discuss the 50/30/20 Budget Rule. What is this budgeting rule? Where did it come from? Should you follow this budget rule when doing your budget? What do you need to consider when you are making your budget?

Action Steps:
1) Compare your current monthly budget to the 50/30/20 budget principle. How does your current budget compare? Are you over or under in one of the three categories?
2) Look at your current budget. Does it reflect your financial goals? Where do you need to make adjustments to your budget to have it keep you on track toward your financial goals?


Subscribe to get our Financial Tip Friday emails here, https://mailchi.mp/f645a5adc403/join-our-community
Visit our website www.RuggedFinancial.com

Share
Mark as Played

Facebook comments will no longer be available on iHeart

We're taking steps to simplify your experience. If you want to reach out to our hosts or stations, please do so via their website or social media. If you need any assistance please check out our help site.

Chat About Money Myths

Advertise With Us

Popular Podcasts

Crime Junkie
Dr. Death

Dr. Death

We’re at our most vulnerable when we go to our doctors. We trust the person at the other end of that scalpel. We trust the hospital. We trust the system. Christopher Duntsch was a neurosurgeon who radiated confidence. He claimed he was the best in Dallas. If you had back pain, and had tried everything else, Dr. Duntsch could give you the spine surgery that would take your pain away. But soon his patients started to experience complications, and the system failed to protect them. Which begs the question: who - or what - is that system meant to protect? From Wondery, the network behind the hit podcast Dirty John, DR. DEATH is a story about a charming surgeon, 33 patients and a spineless system. Reported and hosted by Laura Beil.

The Daily

The Daily

This is what the news should sound like. The biggest stories of our time, told by the best journalists in the world. Hosted by Michael Barbaro. Twenty minutes a day, five days a week, ready by 6 a.m.

For You

    Music, radio and podcasts, all free. Listen online or download the iHeartRadio App.

    Connect

    © 2021 iHeartMedia, Inc.