Simple frameworks to structure your income, build emergency safety nets, and eradicate high-interest debt.
A classic budgeting rule: Allocate 50% of monthly income to Needs (rent, groceries), 30% to Wants, and 20% to Savings and Investments.
Set aside 3 to 6 months of living expenses in a liquid savings account or liquid mutual fund before making aggressive equity investments.
Calculate debt repayment timelines easily.
