Salary.sg Forums - View Single Post - High Finance Thread
View Single Post
  #1249 (permalink)  
Old 17-07-2022, 05:51 PM
Gaharit Gaharit is offline
Junior Member
 
Join Date: Dec 2020
Posts: 5
Gaharit is on a distinguished road
Default

With the events in the world, I had a serious question - how to distribute my income more efficiently. I found one rule on the Internet together with https://divided-by.com The "50-20-30" rule assumes the following:
50% of each salary should be used as payment for daily expenses. That is, it is recommended to allocate money from this amount for the purchase of clothes and food, as well as for utilities;
20% is the amount that you need to regularly put aside in a "long box" so that you will soon have your first savings;
30% of the salary should be used for various entertainment and the purchase of those things and items that are not particularly important.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote