Financial Planning & Budgeting: Master the 50/30/20 Rule + Saving Strategies

Learn the essentials of financial planning and budgeting in this quick guide! Discover why budgeting matters, how to create a budget using the popular 50/30/20 rule, and effective saving strategies including building an emergency fund. Avoid common budgeting mistakes and get introduced to helpful tools that make managing your money easier. Perfect for anyone ready to take control of their finances!

00:00 - Introduction: Finanial Planning
00:13 - Why Budgeting Matters ?
00:34 - Components of a Budget
00:57 - The 50/30/20 Rule
01:23 - Types of Savings Goals
01:53 - Emergency Fund Your Safety Net
02:27 - Saving Strategies That Work
02:35 - Tools for Budgeting
02:53 - Common Budgeting Mistakes

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