Whether you’re just starting out or want to simplify your budget, this method offers a clear and practical structure for your income. Find out more about the 70-20-10 budget and decide if it ...

Like other budgeting guidelines, such as the 50/30/20 rule, the 70/20/10 budget offers a framework that tells you how much of your income to direct toward spending, saving, and debt repayment.

Because developing an effective money management plan can be confusing, consider adopting the 70/20/10 budget rule. Keep reading to find out what it is and how it can put you on the right track ...