START BUDGETING THIS 2024! Use the 50-20-30 Budget Method this 2024 and manage your money better About The Budget Template Notepad The Budget Template is based on the 50-20-30 Rule of Budgeting, a rule of thumb popularized by American Senator Elizabeth Warren in her book, All Your Worth: The Ultimate Lifetime Money Plan. The basic rule is to divide your after-tax income into three categories - 50% on Needs, 30% on Wants, and 20% on Savings/Investments. It is one of the simplest and the easiest budget techniques you can use to decide what percentage of your income goes to expenses, savings or others. The 50-20-30 Budget Rule is also flexible enough to match your income and lifestyle. You can change the rule to 80-10-10 or 70-20-10 depending on your financial preference. Think of it more as a guideline to strategically determine how much money you should be spending on what. Budgeting, in general, is far more than just paying your bills monthly. It is more of answering the question, “Where should my money go?” Product Info: - 30 sheets/pages per pad - 70 gsm, white bond paper