Maria
Wed Feb 12 2025
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6 answers
915
What are three disadvantages of using the 50/30/20 budget?
I am trying to understand the downsides of following the 50/30/20 budgeting rule. I want to know three specific disadvantages or potential problems that may arise from using this budgeting method.
Martino
Mon Feb 10 2025
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5 answers
1273
Does 50/30/20 work in London?
I'm wondering if the 50/30/20 budgeting rule, where 50% of income goes to needs, 30% to wants, and 20% to savings, would be effective in London. Considering the city's cost of living, can this approach still work?
