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How to Save When You Live in a Big City

“Research most smart and sane budgeting wisdom and you’ll likely find variations around the 50/20/30 rule, i.e. you should be spending your take-home salary using the following method: 50 percent on fixed costs, 20 percent on savings and 30 percent on discretionary income. However… living near or around a big city, especially if you’ve got a growing family, can really eat away at any attempt to save. (Especially if you're a single parent!)”

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Home / Budgeting / How to Save When You Live in a Big City

How to Save When You Live in a Big City

“Research most smart and sane budgeting wisdom and you’ll likely find variations around the 50/20/30 rule, i.e. you should be spending your take-home salary using the following method: 50 percent on fixed costs, 20 percent on savings and 30 percent on discretionary income. However… living near or around a big city, especially if you’ve got a growing family, can really eat away at any attempt to save. (Especially if you're a single parent!)”

About admin

Check Also

How to Create a Budget (When You Really Don’t Want To)

This is a step by step guide on how to create a simple budget using …

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