Budgeting can be the key to unlocking financial success. Three popular methods are: the 50/30/20 budget, zero-based budgeting, and the pay yourself first budget. 💷 50/30/20 Budget: - Simple and easy to understand. - Provides a clear allocation of income: 50% for needs, 30% for wants, and 20% for savings and debt repayment. - Offers flexibility for personal preferences within each category. - May not suit individuals with irregular incomes. - Doesn’t prioritise debt repayment or savings as…
