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Budgeting 50-20-30 rule - Can it be altered if required for a month?

Date: Thu, 04/27/2017 - 23:30
Submitted by fraserJ on Thu, 04/27/2017 - 23:30
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Budgeting 50-20-30 rule - I have heard about it. My question is - can I alter this ratio, if required, in any month?


It is better to follow it every month as it'll help you save a decent amount every month. However, if it's required, you can follow another budgeting strategy for a couple of months. But, try to get back as fast as you can.


Submitted by Good Nelly on Fri, 04/28/2017 - 06:30

Good Nelly

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How do you want to alter the ratio? Why do you want the ratio? I would ask you to not change the ratio. If you really want to change the ratio, then try to dedicate 30% of your income toward savings.


Submitted by ditchdebt on Mon, 05/01/2017 - 04:34

ditchdebt

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