:max_bytes(150000):strip_icc()/FinanceYourFuture-The503020budgetruleexplained-v12-d31df9286a384a9a8907ed5297443835.png)
The 50/30/20 budget rule is a simple and effective plan for personal money management and wealth creation. It balances paying for necessities with saving and investing.| Investopedia
:max_bytes(150000):strip_icc()/GettyImages-1648880480-5fae58fc9abe48f8a984afac55e65bc6.jpg)
Lifestyle creep is when your standard of living rises alongside your discretionary income—and soon enough, former luxuries become new necessities. It happens slowly, without you really realizing it.| Investopedia