10 Good Financial Rules of Thumb

[Angkoolart10]

The 50/30/20 Rule
This is a popular rule for breaking down your budget. The 50-30-20 rule puts 50 percent of your income toward necessities, like housing and bills. Twenty percent should then go toward financial goals, like paying off debt or saving for retirement. Finally, thirty percent of your income can be allocated to wants, like dining or entertainment.

There are also variations to this rule, like the 80-20 rule, in which you use 20 percent of your income for financial goals, then spend 80 percent on everything else.

Why It Works: If you're not sure where to start with a budget, breaking it up into these basic categories can be really helpful. Those percentages help create a balance between obligations, goals and splurges.

When It Doesn't: You might have trouble with this if you have a hard time separating needs from wants, even with something like housing. If you live in a low-cost area, 50 percent toward housing and bills might be a lot. On the other hand, if you're not earning much, you might not have the luxury of only spending half your income on necessities.

These rules of thumb are good starting points for your spending. But maybe you want to adjust them, or make a budget that's more tailored to your situation. In that case, start from scratch, follow a few budgeting steps and design something that works best for you.

Visit this to learn more: https://twocents.lifehacker.com/10-good-financial-rules-of-thumb-1668183707

[jings009]

Abay napakaganda itong gabay para ma budget natin ang ating kinita dito. Tulong din ito sa pang araw-araw gastosin, kasi minsan hndi  na natin alam kung saan napunta ang pinaghirapan.

[cheneah]

salamat sa pagbabahagi ng information na ito kabayan.Malaking tulong ito lalo na mga hirap mag budget tulad ko.Nahihirapan ako kung paano e budget ang sahod.

[arielcryp]

Mas maganda ito kung nakatagalog kabayan para lalong maintindihan ng ating mga kababayan ng husto, kasi nasa philippine boad tayo, pero anyway ok lng naman at least malaking tulong ito.

[ngungo26]

Maraming salamat dito kaibigan, very helpful po,lalo na sa katulad ko na isang ina ako talaga ang nagbabudget sa gastosin ng pangangailangan sa bahay. Importante po talaga ang pagbabudget para may kinabukasan.

[Angkoolart10]

Maraming salamat dito kaibigan, very helpful po,lalo na sa katulad ko na isang ina ako talaga ang nagbabudget sa gastosin ng pangangailangan sa bahay. Importante po talaga ang pagbabudget para may kinabukasan.

Salamat din po sa pagbasa kabayan sana po ay maisabuhay natin kahit ilan po jan mas mainam kung lahat po :-)

[Third]

maganda Ang ibinahagi mo kaibigan, pero ang tanong ito ba ay gawa mo talaga o copy paste lang. Kasi dapat tinagalog mo to diba?

[Angkoolart10]

maganda Ang ibinahagi mo kaibigan, pero ang tanong ito ba ay gawa mo talaga o copy paste lang. Kasi dapat tinagalog mo to diba?

Naisip ko din yan kabayan pero naipost ko na kaya hinayaan ko nlang tsaka nasa offtopic ito at walang rules dito sa section na dapat tagalog lahat. at isa pa may source na pinagmulan sa baba ibigsabihin kinupya ko tama???

[rhubygold23]

Kabayan maganda ang ginawa mo malaki tulong ito para sa atin mga nasa forum na ito.

[Hector2005]

Mas maganda ito kung nakatagalog kabayan para lalong maintindihan ng ating mga kababayan ng husto, kasi nasa philippine boad tayo, pero anyway ok lng naman at least malaking tulong ito.

Tama ka kapatid pero meron talagang mga tao na mas komportable na mag-taglish kasi hindi Tagalog yong native language at tsaka napakahaba na kung isasalin mo sa salitang tagalog ang ibang post.

Back to the topic, maganda yong Rule of the thumb kaso sa totoong buhay ay napakahirap na gawin kasi nagmamahalan na iyong mga bilihin at sweldo nalang yong hindi tumataas. Napakatinding disiplina ang kailangan gawin para masunod mo itong mga patakaran na ito.