• ericbomb@lemmy.world
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    1 year ago

    So you’re supposed to do 50-30-20 Meaning 50% on needs 30% on wants 20% investing

    You might be thinking “Ericbomb, how does one keep their needs below 50%, when the median rent in the US is $2,000, and median household income after taxes/withholdings is near 40k?”

    Wonderful question!