The 50/30/20 rule is a simple financial guideline to help you manage your personal finance and create a budget. The rule states roughly 50% of your monthly income should be going to your "needs" expenses, 30% should be going to your "wants" expenses, and 20% should be going to your future in the form of paying down your debt or investing your money. This simple budget outline will help you get out of the rat race and ultimately achieve financial independence.

--------------🔻Watch Next🔻--------------

Watch "6 Stages Of Achieving Financial Independence" here 👉    • The 6 Stages To Achieve Financial Fre...  

💰 Real Estate Financial Strategy Videos    • 10 HACKS To Pay Your Mortgage Off Early  

💵 Personal Finance Strategy Videos    • The 6 Stages To Achieve Financial Fre...  

🏘 Real Estate Investing Strategy Videos    • 5 Costly Mistakes New Real Estate Inv...  

🏠 Real Estate Buying & Selling Tip Videos    • FREE HOUSES - 3 No Down Payment Home ...  

--------------🔻Free Money Bonuses🔻--------------
The following links are all services I personally use and recommend. These are affiliate links so by using them you get a bonus and are supporting the channel at the same time.

✅ Get 2 FREE STOCKS when you sign up with WeBull 👉https://bit.ly/2QSAqYji
✅ Claim your $10 worth of Bitcoin here 👉 https://www.coinbase.com/join/lawson_p7g
✅ Receive $10 by creating an account with M1 Finance 👉https://m1.finance/m1dGhmU1uNTV
✅ Sign up for Robinhood & get 1 FREE STOCK 👉https://bit.ly/35BrUIy

--------------🔻For Real Estate Agents🔻--------------

Sign up for my YouTube Lead Gen For Real Estate Agents Course here
https://youtubeleadgen.thinkific.com/...

Schedule a 1 hour YouTube consultation with me here
https://youtubeleadgen.thinkific.com/...

Join the Real Estate YouTube Mastermind Facebook Group
  / youtubeleadgen  

✅ The camera I use: Sony A7iii https://amzn.to/2YH1zbn
✅ The lens I use: Sigma 16mm f1.4 https://amzn.to/3lkSuP4
✅ The microphone I use: Rode Videomic Pro https://amzn.to/2D5JGva
✅ The live Stream Mic I use: Blue Yeti X https://amzn.to/3gDNsd5
✅ The lights I use: 2,000 Watt Soft-Box https://amzn.to/2QA1MbX

--------------🔻Buying or Selling a Home In Maryland🔻--------------

🏠 WANT TO TALK REAL ESTATE? Fill out this contact form here https://livinginmaryland.com/contact/

🏠 SEARCH FOR MARYLAND HOMES FOR SALE
https://livinginmaryland.com/advanced...

🏠 FREE HOME VALUATION
https://livinginmaryland.com/home-val...

🦀 Learn More About Living In Maryland Here https://livinginmaryland.com/real-est...

Malcolm Lawson
The Lawson Group
Keller Williams Flagship Of Maryland

📞C:410.443.8140
📞O:410.972.4000
📧[email protected]
🖥https://www.LivingInMaryland.com

#RealEstate #Finances #Money