Cryptocurrency Q&A
What is the 70 10 10 budget rule?
What is the 70 10 10 budget rule?
MysticGlider
Mon Feb 10 2025
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6
answers
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I've heard about a budgeting strategy called the 70 10 10 rule, but I'm not sure what it exactly means. Could someone explain to me what this rule entails and how it can help me manage my finances better?
6 answers
Stefano
Wed Feb 12 2025
The principle advocates for a balanced distribution of income.
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Elena
Wed Feb 12 2025
For each dollar earned or received, it recommends setting aside 10% for savings.
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Eleonora
Tue Feb 11 2025
Another 10% should be allocated for sharing, be it with family, friends, or charity.
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Margherita
Tue Feb 11 2025
Investing 10% of one's earnings is also crucial for long-term financial growth.
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Matteo
Tue Feb 11 2025
The remaining 70% can be utilized for daily expenses and discretionary spending.
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