See how we rate products and services to help you make smart decisions with your money. The 50/30/20 rule designates 50% of your income to needs, 30% to wants, and 20% to debt or savings.

One of them is the 50/30/20 rule for allocating your monthly earnings. But is it right for you? Here's what experts say. 50% on needs and obligations such as rent, groceries and bills 30% on wants ...

What is 50:30:20 Rule: Everyone dreams of buying their own ... Understand this from the chart given below:- Home Loan (Rs) Interest Rate (%) Tenure (Years) EMI (Per Month) 35 Lakh 8.65 20 30,707 ...