Most people see budgeting as restricting, but in reality, it’s about freedom — knowing exactly where your money is going and taking control of it. A simple 50-30-20 rule works for many:
- 50% for needs (rent, groceries, bills)
- 30% for wants (lifestyle, hobbies, entertainment)
- 20% for savings and investments
Tracking your expenses for just one month can reveal surprising spending patterns. Once you know where your money goes, you can align it with your financial goals.
