CryptoTitan
Thu Feb 13 2025
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7 answers
1526
When might the 50 30 20 rule not work?
The 50 30 20 rule might not work when an individual's financial situation is complex or unique, such as having significant debt, high fixed expenses, or irregular income, which can disrupt the standard allocation of 50% for needs, 30% for wants, and 20% for savings.
Isabella
Thu Feb 06 2025
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7 answers
1561
Why might the 50 30 20 rule not work?
I've heard about the 50 30 20 rule for budgeting, but I'm wondering why it might not always work. Are there specific situations or factors that could affect its effectiveness?
