🌟 Règle des 50/30/20 : maîtrisez votre budget ! 🌟 (2024)

FAQs

What does the 50 30 20 rule suggest that you budget your money into? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

Monthly 50/30/20 budget worksheet. Keep your monthly budget and savings on track and on target with the 50/30/20 approach. Designate 50% of your income to needs (mortgage/rent, utilities, car payments), 30% to wants (travel, concerts, fashion splurges) and 20% goes directly to your savings account(s) and debts.

According to NerdWallet, "The 50% category covers needs like housing, groceries, utilities, transportation, insurance and minimum loan payments." This highlights that student loan payments are considered a need and should be prioritized within the essentials category.

$2,500: 50% of your income, is allocated towards necessities — rent, utilities and groceries. $1,500: 30% of your income, is allocated towards things you want, whether it's the latest iPhone or a fresh outfit. $1,000: 20% of your income, is set aside for saving or for paying off debts.

Balance Your Budget

50% for needs like housing, food, and transportation. In this case, the monthly car payment and other related auto expenses fit into this category. 30% for wants like entertainment, travel, and other nonessential items. 20% for savings, paying off credit cards, and meeting long-term financial goals.

The 50/30/20 budget rule might not be realistic for those dealing with economic challenges——which, let's face it, is pretty common in today's climate of high inflation and living costs. “It's unrealistic for most people,” Musson says.

But it is possible to live well even on a small amount of money. Surviving on $1,000 a month requires careful budgeting, prioritizing essential expenses, and finding ways to save money. Cutting down on housing costs by sharing living spaces or finding affordable options is crucial.

A 401(k) can count as savings in a 50/30/20 budget plan. But if 401(k) contributions are automatically deducted from your paycheck, they're not included in your take-home pay calculation.

Cons. Risk of overspending. Allocating 30% of your income for non essential wants is a large amount of money, especially when compared with only 20% toward savings. Try not to spend money on things that aren't important.

Is the 50/30/20 rule after taxes? ›

What Is the 50/30/20 Rule? The 50-30-20 rule involves splitting your after-tax income into three categories of spending: 50% goes to needs, 30% goes to wants, and 20% goes to savings.

Key Points. The 50-30-20 rule is a simple guideline (not a hard-and-fast rule) for building a budget. The plan allocates 50% of your income to necessities, 30% toward entertainment and “fun,” and 20% toward savings and debt reduction.

Consider options like sharing an apartment, renting a smaller space or living in areas with lower cost of living. For utilities, be conscious of your energy consumption to keep bills low. Use energy-efficient appliances, turn off lights when not in use and limit the use of heating and air conditioning.

By dividing your objective into smaller, more manageable sections, you'll be able to stay focused on your goal throughout the year. Short-term financial goals serve as a stepping stone to the goal in its entirety. To reach $10,000 in one year, you'll need to save $833.33 each month.

The rule is very simple in practice. It asks you to break your in-hand income into three parts. 50% of the income goes to needs, 30% for wants and 20% to savings and investing. In this way, you will have set buckets for everything and operate within the permissible amount for each bucket.

Why is the 50-20-30 rule easy for people to follow, especially those who are new to budgeting and saving? Because 50% of monthly after-tax income should be used for housing, fixed, essential, needs expenses. 20% of monthly after-tax income should be used for savings.

The 50-30-20 rule which means putting 50% of your income towards necessities, 30 towards wants, and 20 towards financial goals. Name two ways that saving and investing are different.