Method 50/30/20

The essence of this savings method is to spend half of the income on basic needs, about a third on entertainment and everything that gives you pleasure from life, and save 20% as savings. This is what psychologist and financial consultant Alexa von advises to do. She believes that the budget should not be synonymous with deprivation. The budget is designed to achieve important financial goals, and also to enjoy the money you earn. The distribution of funds according to the 50/30/20 method will allow you to effectively save money without compromising your ordinary life.