02/06/2026
📊 MONEY TIP #3: The 50/30/20 Rule — Budget in 5 Minutes
Source: Module 2: Budgeting
Not sure where your money goes every month? The 50/30/20 rule is the simplest budget you'll ever use.
Take your take-home pay and split it: 50% to NEEDS (rent, food, transport, data), 30% to WANTS (eating out, Netflix, clothes), 20% to SAVINGS & DEBT.
Example: On R8,000 take-home — R4,000 needs | R2,400 wants | R1,600 savings. That's it. No spreadsheet required.
✅ Quick Win: Take your last salary and divide it using 50/30/20. Does your current spending match?
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