When it comes to managing money, Filipinos are surrounded by all kinds of advice, from tips shared by family to quick hacks you pick up on social media. One budgeting method that often comes up is the 50-30-20 rule. It became popular when U.S. Senator Elizabeth Warren and her daughter Amelia Warren Tyagi explained it in their book All Your Worth: The Ultimate Lifetime Money Plan. Many people like this approach because it’s simple enough to stick to even if you’re new to budgeting. The p...
