50/30/20 Budget

50% Essential Spending

30% Flexible Spending

20% Financial Goals 

This breakdown may work well for you, but honestly, these numbers may not be relevant for everyone.

Sometimes we find ourselves putting the majority of our paycheck towards essentials and that’s okay. You can rework the numbers in a way that matches your needs.

But knowing ahead of time what percent of our paycheck is going towards each bucket can help to relieve anxiety & make sure that we are living within our means.