What is the 50/30/20 budget rule and why should you follow it?

Rule was popularised by US presidential hopeful Elizabeth Warren

, is the money you make in after-tax income that must go towards paying bills such as rent or mortgage payments, insurance, utilities, minimum debt payments, car payments, groceries, transportation to work and health care.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Independent /  🏆 80. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why hotels always use white beddingAn interior designer reveals why hotels always use white bed sheets in their rooms - and it's nothing to do with having sex.
Read more »

Meghan Markle and Prince Harry followed this birthing rule with Archie - what did Kate do?MEGHAN MARKLE, 38, and Prince Harry, 35, welcomed their first child in May 2019. What birthing rule did they follow?
Read more »

British man killed by firework in Thailand, say local policeGary McLaren, 50, reported to have died after firework he was trying to light exploded
Read more »

Man phones Foreign Office to complain about bad plane foodOther bizarre requests included a caller wanting to know 50 Cent’s phone number
Read more »

6 things that hair on your chin could meanThe hair on your chin might have a meaning
Read more »

6 things that hair on your chin could meanThe hair on your chin might have a meaning
Read more »