What is the 50 30 20 rule in the Philippines?
I've heard about the 50 30 20 rule in financial management, but I'm not sure how it applies specifically in the Philippines. Can someone explain this rule and how it works in the Filipino context?
What is the disadvantage of the 50 30 20 rule?
I've heard about the 50 30 20 rule for budgeting, but I'm wondering if there's any disadvantage to following this approach. Is there a downside to allocating my income this way?