Thursday, March 6, 2025

The 50-30-20 Rule Is the Best Way to Save

Today's Tip: Finding a budgeting strategy that you can commit to is an important way to mitigate your financial stress in the long term.

March 6, 2025
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Finding a budgeting strategy that you can commit to is an important way to mitigate your financial stress in the long term. The internet is full of both saving and spending strategies, but one of the most effective ones is called 50-30-20, which allocates 50% of your income to needs (housing, food, utilities), 30% of your income to wants, and 20% to your savings.

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Hitting the road or skies with your family can be trying to say the least — whether you're dealing with screaming toddlers who just won't settle, smashed Cheerios on an airplane seat, or answering yet another "Are we there yet" from the backseat. As a mom of five, I've missed flights because I was changing diapers and ran out of snacks and wipes just as delays set in, but I've also had epic trips across the world with my family in tow. Products specifically meant to ease the struggles and woes of traveling are constantly improving. Here's what I've found really works, and love to have on hand for trips.
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