What is the 50:30:20 rule that working women can use for savings? A beginner's guide!
One of the simplest budgeting methods would be 50:30:20 rule which typically comes in handling while managing your money. It generally helps in narrowing down your pay checks for three major factors --- Needs, Wants, and Savings.
Indian women are playing a key role in not just being a housewife or salaried employees or investors but also have taken up leading roles either in startups or major companies. With the International Women's Day nearing on March 8th, let's have a brief understanding of the 50:30:20 golden rule that working women can use for their savings.