A Simple Investment Rule to Help You Build a Stable Financial Future

TopForex.Trade
2 min readOct 19, 2021

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Unfortunately, financial literacy is not taught in school, but life itself throws us situations where we are forced to learn it so that our financial situation allows us to live a full life.

Today we will tell you about the golden rule of 50/30/20, which will help you constantly multiply your budget.

Step 1

Set aside 50% of your income for necessary spending. Necessary expenses include food, housing and utilities, insurance, car payments, and transportation costs.

Step 2

Limit “entertainment” to 30% of your income. This includes buying desirable items. They are not necessary, but their presence helps you experience the beauty of life.

Step 3

Allocate 20% to investing. This category is considered by the most financially literate people who know how to manage their money. This item will help you build personal capital and create a financial safety cushion.

We suggest you do your calculations and start investing in your financially free life right now. On our website we have collected the most trustworthy brokers, with whom your investments will multiply every month. Visit our website TopForex.Trade and choose your broker wisely.

Start investing with TopForex.Trade

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TopForex.Trade
TopForex.Trade

Written by TopForex.Trade

https://topforex.trade Your guide to the world of finance and Forex suggesting only trusted brokers, trading tips and investment ideas

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