Hey traders & wealth builders! 🚀 Want to control your money instead of letting it control you? Let’s break down a simple budgeting rule that even a 12-year-old can understand!



The 50/30/20 Rule – Your Money GPS!



Every time you earn money, divide it into 3 parts:



✅ 50% for Needs – This is for rent, food, transport, and bills. Think of this as “survival money.” Example: If you earn $100, use $50 for these essentials.



✅ 30% for Wants – This is your “fun money” for things like Attending seminars, shopping, exercising, or hobbies "reading" . Example: If you earn $100, set aside $30 for fun!



✅ 20% for Savings & Investing – This is how you build financial freedom! Save for emergencies, invest in stocks, forex, or crypto, and grow your wealth. Example: From $100, save $20—over time, this makes you rich!



📌 Bonus Tip: Always "Pay Yourself First"—before spending, put money into savings & investments FIRST!



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