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My brother in law swore by the 50/30/20 rule for years, I finally tried it
He kept telling me to split my paycheck into needs, wants, and savings. I figured it was too simple and wouldn't work with my irregular hours as a hygienist. Last January I finally gave it a shot after missing a credit card payment. Six months in, I paid off $800 on a dental supply store card I'd been dragging around. The trick was tracking each dollar before I spent it, not after. Has anyone else found that a basic percentage system actually sticks better than complicated spreadsheets?
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johnson.jason29d ago
Tracking each dollar before I spent it" isn't the 50/30/20 rule though, thats just budgeting bro lol.
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murphy.linda29d ago
Started off skeptical too honestly. Thought it was just another internet guru thing but the forced categories made me actually look at what I was spending on wants versus needs. Realized my "needs" included a lot of takeout coffee and podcast subscriptions I barely used. That dental card payoff is real progress, the simple split just makes it harder to ignore where your money is actually going.
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