The 50-20-20-10 Budgeting Method Claims to Make You More Money

Don’t get me wrong, budgeting methods can be helpful tools for balancing grocery spending with coffee shop splurges. But if I am being honest, many of them leave me more frustrated than inspired. Not to mention, our once-trusted budgeting methods are feeling a little, well, old. Nowadays, incomes fluctuate more than ever, and prices are increasing for basically everything. Prioritizing anything except the essentials has never been harder. In times like these, investing in yourself and your future feels more like a fever dream than anything else. Luckily, there is one method in the budgeting world that prioritizes more than just the here and now, and its creator even claims it’s the secret to making future-you wealthier. Allow me to introduce the 50-20-20-10 method. Ahead, we’re sharing exactly what it is, what sets it apart from other budgeting frameworks, and how to use it to build more wealth.

In this article 1 What is the 50-20-20-10 method? 2 What sets the 50-20-20-10 method apart? 3 Who should use the 50-20-20-10 method? 4 How to implement the 50-20-20-10 method