About the 60-20-20 Rule
The 60-20-20 budgeting rule helps divide your monthly income into three key parts:
- 60% Needs: Rent, groceries, utilities, transportation, essential bills.
- 20% Savings: Investments, emergency fund, retirement planning.
- 20% Lifestyle: Dining out, entertainment, shopping, travel.
This calculator helps you manage your money smarter and plan your financial future effectively.