Budgeting

The 50/30/20 budget rule sounds almost too good to be true: 50% of your income goes to needs, 30% to wants, and 20% to savings or debt repayment. Simple math, easy categories, and tons of viral praise on the internet. So, I figured, why not give it a shot? For three months, I lived by the 50/30/20 framework. I tracked every dollar, juggled real-life expenses, and watched how this classic budgeting method played out in the messiness of actual life.