When thinking of your finances, von Tobel says that 50 percent of your earnings should go to essenti

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Don t know where to start when creating a budget? Alexa von Tobel, Founder/CEO of LearnVest.com and author of Financially Fearless , suggests using a 50/20/30 ratio when looking at your take-home pay.
When thinking of your finances, von Tobel says that 50 percent of your earnings should go to essentials (rent/mortgage, groceries, bills, etc.), 20 percent goes to your future (like paying off debt or saving for retirement), and 30 percent can be spent on your lifestyle ginza spa a.k.a., the fun stuff.
January 24, 2014 at 2:51 pm
Henry
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