What is the best way to divide your income?

Okay, so you’re asking about how to divvy up your income, huh? Well, let me tell you, I’ve been there, done that, got the t-shirt (and probably spent a little too much getting that t-shirt, haha!).

I messed around with the 50/30/20 budget thing for a while, and honestly? It was kind of a game-changer. Like, suddenly I wasn’t just blindly throwing money into the void.

Knowing that 50% automatically goes towards essentials? That’s groceries, rent, bills… the stuff you have to pay. It took a HUGE weight off my shoulders. It’s like, okay, that’s covered. Whew.

The 30% for “wants” part… okay, yeah, sometimes that felt like a bit of a squeeze, you know? Like, “Do I really need that new pair of shoes? Ugh, probably not.” But hey, it forces you to be a little more mindful, right? And it’s not like you’re living on ramen noodles! You still get to enjoy life!

But the BEST part? The 20% for savings and debt repayment? That’s where the magic happens. Seriously. Watching that chunk grow… it just feels so incredibly empowering. It’s my safety net, my “future-me” fund, you know? Like, if the washing machine blows up (and trust me, they ALWAYS seem to blow up at the worst possible time!), I’m not totally screwed.

Plus, having that safety net makes everyday spending decisions SO much less stressful. Like, if I really want to go out to dinner with friends, I can (within reason, of course!). Knowing I’m not neglecting my future self just makes the whole thing feel… sustainable.

Honestly, I actually feel in control. Like, I’m the one driving this bus, not my bank account. And that, my friend, is pretty amazing. So yeah, I’d say give the 50/30/20 thing a try. It might just surprise you! What have you got to lose, right? Just a little bit of financial stress! ????