One of the main methods of saving a budget is the 50/30/20 rule.
Information on this issue was shared by the chief expert of the Academy of Personal Finances, Tatyana Volkova.
She spoke about mistakes in budget preparation and planning, writes the Izvestia publication.
Volkova said that many people do not plan their budget, relying on luck.
As a result, uncontrolled spending of money does not allow you to save for education, health improvement and vacation.
To avoid planning mistakes, Volkova advises using the 50/30/20 rule.
According to this method, 50 percent of income should be spent on housing, food and transportation, 30 percent on shopping and the joys of life, 20 percent on savings and loans.
Volkova stated that these funds will create a financial safety cushion.
The expert concluded that financial savings will help get rid of debts and balance expenses.
