The rule is very basic – it is called 50+30+20
You take your income after taxes – 50% goes to your living expenses, 30% to fun and 20% to your future!
Insert your income after taxes into this calculator below, to see the amounts you have – and if this is NOT enough to cover your living expenses, then you need to increase your income! Find a way to earn more money! Read more about this here!
Living expenses is: Rent, mortgage, electricity, food, gas, insurances etc
Fun is: Shopping, restaurants, holidays etc
Your future: INVESTMENTS
Know Your Money Flow
Living (55%): €
Joy (25%): €
Future You (20%): €