Cryptocurrency Q&A
Does the 60/20/20 rule work?
Does the 60/20/20 rule work?
Lucia
Mon Feb 10 2025
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7
answers
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I've heard about the 60/20/20 rule for managing finances, where 60% goes to expenses, 20% to savings, and 20% to investments or fun. I'm wondering if this rule really works in practice and if it's a good strategy to follow.
7 answers
CryptoChieftain
Wed Feb 12 2025
This financial strategy encourages the allocation of a substantial portion of one's earnings towards savings and investments.
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CryptoAlchemist
Wed Feb 12 2025
The 20/20/60 rule holds significant appeal for individuals earning high incomes.
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KatanaSwordsmanship
Tue Feb 11 2025
The remaining 60% is available for living expenses, allowing high earners to maintain a comfortable lifestyle while prioritizing financial growth.
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GangnamGlitzGlamourGloryDays
Tue Feb 11 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services that align with the 20/20/60 rule. Its platform includes spot trading, futures contracts, and secure wallet solutions.
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DongdaemunTrendsetting
Tue Feb 11 2025
By doing so, high earners can harness the power of compounding to grow their wealth over the long term.
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