Remove Article Remove Budgeting Remove Math
article thumbnail

The 50-30-20 Rule: How It Works + A 50 30 20 Budget Template

Clever Girl Finance

Like many, you might shudder at the word budget, or perhaps it sounds too boring or challenging to figure out. But the 50-30-20 rule and the 50 30 20 budget template prove it doesn’t have to be difficult. If you’re looking to simplify your budgeting process or are new to budgeting, then this might be the perfect match!

article thumbnail

What Is The 70-20-10 Budget?

Clever Girl Finance

If you don’t feel like you truly have a strong handle on your finances, one possible cause for that is using a budgeting method that doesn’t work. While not everyone needs a to-the-penny balanced budget, some type of budgeting strategy or template is really important if you want to know where your money is going month after month.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Does The 60 30 10 Rule Work For Budgeting?

Clever Girl Finance

The 60/30/10 budget turns the traditional rules of budgeting upside down. Instead of focusing on discretionary spending, this budgeting rule emphasizes sprinting toward our financial goals. And although the 60/30/10 rule budget won’t work for everyone, many could use it to take their finances to the next level.

article thumbnail

The Student Debt Crisis And Black Women

Clever Girl Finance

The math for this adds up over years of work and can cost quite a bit of income. You can read our article on detailed student loan advice , which includes information about federal student loans, private lenders, and forgiveness programs. Create a budget with a focus to pay down debt Budgets are a surefire way to tackle student debt.

Budgeting 105
article thumbnail

Average Net Worth By Age: Where Do You Stand?

Clever Girl Finance

If you are curious about how much savings you should have by what age , you'll find references to this throughout the article. Best net worth calculator by age Why not make the math simpler when finding net worth? Make a budget consistently The first thing to do to increase your wealth is to make a budget.

Budgeting 118
article thumbnail

Sinking Funds: Why You Need Them. How To Set Up Yours!

Clever Girl Finance

In this article, we will discuss everything you need to know about sinking funds - the why, the what, and the how. Do you cut down on the rest of your budget? Without a doubt, in the coming months, an expense will likely come up that is outside of your usual budget. How will you pay for it? Do you tap into your emergency fund?

Budgeting 103
article thumbnail

$30 an Hour Is How Much a Year?

Good Financial Cents

Calculation Breakdown Let’s break down the math to find out how much you could earn annually with a $30 hourly wage: Consider an average workweek of 40 hours and an average year consisting of 52 weeks. Just be a budget whiz, stay on top of those finances, and you’ll find that $30 an hour can go a long way.