Guide to Financial Freedom
Your budget will be your guide towards the financial freedom you seek.
Create a budget for yourself every month.
• Keep track of all your income
• Split your income using the 50/30/20 rule
• Be aware of your spending habits and cut back
FINANCIAL NEEDS
Your needs are:
• Utilities
• Housing
• Transportation
• Food, water and clothes
The app helps you to keep your needs at 50% of your total net income.
FINANCIAL WANTS
Your wants are:
• Clothing that isn't essential
• Dining out or ordering take out
• Hobbies, traveling, large house, and new expensive car
The app helps you to budget your wants within 30% of your monthly net income.
SAVINGS
Pay yourself every month towards:
• Retirement or long-term savings
• Short-term savings for a new car or vacation
• Emergency funds of 6-12 months of living expenses
Put 10% of your net income towards savings each month.
Create a budget for yourself every month.
• Keep track of all your income
• Split your income using the 50/30/20 rule
• Be aware of your spending habits and cut back
FINANCIAL NEEDS
Your needs are:
• Utilities
• Housing
• Transportation
• Food, water and clothes
The app helps you to keep your needs at 50% of your total net income.
FINANCIAL WANTS
Your wants are:
• Clothing that isn't essential
• Dining out or ordering take out
• Hobbies, traveling, large house, and new expensive car
The app helps you to budget your wants within 30% of your monthly net income.
SAVINGS
Pay yourself every month towards:
• Retirement or long-term savings
• Short-term savings for a new car or vacation
• Emergency funds of 6-12 months of living expenses
Put 10% of your net income towards savings each month.
