Read caption! Unlock the secret to managing your finances with the 50-30-20 rule. It’s not just about saving; it’s about smart spending and making your money work for you. THE 50-30-20 RULE: Allocate 50% of your income to necessities like rent and groceries. Use 30% for wants, such as entertainment and dining out. Save the remaining 20% for your future goals or emergencies. WHY IT WORKS: - Creates a balanced budget that covers essential needs, personal desires, and savings. - Teaches financial discipline and prioritization. - Builds a safety net for unexpected expenses or future investments. As a student, mastering your finances early sets the stage for lifelong financial health. The 50-30-20 rule is your blueprint for balance, ensuring you can enjoy today while planning for tomorrow. Ready to take control of your student finances? Start applying the 50-30-20 rule and watch your savings grow! Follow for more @studytipd :) #study #studyhacks #studygram