How to use the 50/20/30 budget rule

Budgeting is a key part of becoming and staying financially stable. If you’ve searched for budgeting advice or money saving tips in recent months, it’s likely that you’ve seen consumers and experts mention the 50/20/30 budget.

The 50/20/30 rule allows people to get a handle on their personal finances without too much effort, and these saving tips are a great guide for anyone who’s new to the world of money management and money saving. 

What is the 50/20/30 budget?

The 50/20/30 rule helps you distribute your income and can give you a clearer sense of where your priorities should be.

Morses Club PLC (LON:MCL) is an established, relationship-driven consumer finance provider offering a range of credit products and delivering exceptional services to customers in the non-standard finance market.

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