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  • Day 3: The 50/30/20 Rule: Because Your Money Needs Boundaries Too

Day 3: The 50/30/20 Rule: Because Your Money Needs Boundaries Too

Author

Kevin Murray
November 19, 2024

The Money Dad Financial Fuel

Ah, money management. It’s like trying to train a golden retriever puppy—it’s cute in theory, but in practice, it’s all over the place. That’s where the 50/30/20 rule comes in. It’s the financial equivalent of obedience school, giving your dollars some discipline while keeping things fun and flexible.

Let’s break it down:

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