How should I use the 50/30/20 budgeting rule? - Seedly
 

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Asked by Anonymous

Asked 2w ago

How should I use the 50/30/20 budgeting rule?

Are the percentage after CPF deduction? And where are investments under?

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Alvin Teo
Alvin Teo
Top Contributor

Top Contributor (Oct)

Level 6. Master
Answered 2w ago

Https://blog.seedly.sg/working-adults-allocate-your-monthly-salary/

Believe you meant this.

Investment could be under 30 or 20 but mostly 30 as the 20% savings require lesser risk.

And yes, the amount is only based on your take home pay, after CPF deduction.

Do speak to a personal financial adviser like myself if you need professional help in managing your money and knowing what you can do to best optimize it.

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