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Budgeting & Cash Flow
The 50/30/20 Reality Check
Evaluate your current spending against the 50/30/20 framework
10:00
Before you start
- •Round to the nearest $100 — precision isn't the goal
- •Be honest about what's a 'need' vs 'want'
You'll assess yourself on
- 1.Do I know my rough monthly income?
- 2.Did I honestly categorize my spending?
- 3.Did I identify the biggest gap between actual and target?