Community West Bank Formerly Central Valley Community Bank’s Post

The New60/30/10 Budgeting Method: In today’s inflated economy, the 60/30/10 budgeting method could be a better option for your financial situation than the traditional 50/30/20 rule. https://lnkd.in/d3_Bfr6e

he New 60/30/10 Budgeting Method Note: In today’s inflated economy, the 60/30/10 budgeting method could be a better option for your financial situation than the traditional 50/30/20 rule. https://lnkd.in/d3_Bfr6e #personalfinance #moneymanagement #taxplanning #budeting #wealthplanning #inflated

he New 60/30/10 Budgeting Method Note: In today’s inflated economy, the 60/30/10 budgeting method could be a better option for your financial situation than the traditional 50/30/20 rule. https://lnkd.in/d3_Bfr6e #personalfinance #moneymanagement #taxplanning #budeting #wealthplanning #inflated

The New 60/30/10 Budgeting Method Note: In today’s inflated economy, the 60/30/10 budgeting method could be a better option for your financial situation than the traditional 50/30/20 rule. https://lnkd.in/d3_Bfr6e #personalfinance #management #taxplanning #budgeting #economy #inflated

The New 60/30/10 Budgeting Method Note: In today’s inflated economy, the 60/30/10 budgeting method could be a better option for your financial situation than the traditional 50/30/20 rule. https://lnkd.in/d3_Bfr6e #personalfinance #management #taxplanning #budgeting #economy #inflated

The New 60/30/10 Budgeting Method Note: In today’s inflated economy, the 60/30/10 budgeting method could be a better option for your financial situation than the traditional 50/30/20 rule. https://lnkd.in/d3_Bfr6e #personalfinance #moneymanagement #taxplanning #budgeting #budgetingmethod #inflated

The New 60/30/10 Budgeting Method Note: In today’s inflated economy, the 60/30/10 budgeting method could be a better option for your financial situation than the traditional 50/30/20 rule. https://lnkd.in/d3_Bfr6e #personalfinance #moneymanagement #taxplanning #budgeting #budgetingmethod #inflated

https://lnkd.in/eDm4K67z This new budgeting analysis stems from the last few years of economic upheaval. Covid, interest rate increases, housing costs, food costs, gas costs, etc. On some level very sad but it is based on present reality. Gary M Albert CPA MST CSSCS CFSWC Trauma of Money Certified Practitioner https://lnkd.in/erhQDaNa garadajt@gmail.com Reach out to me if you need help with your monthly budget or need someone to discuss your tax scenario with, or are in the midst of stress and anxiety and financial trauma.

Personal Finance: how to revolutionise your spending in 10 days

The 50/30/20 budgeting system is a straightforward approach to financial planning that allocates income into three main categories. Under this method, 50% of income is earmarked for needs, encompassing essential expenses like housing, utilities, and groceries. Thirty percent is allocated to wants, covering non-essential spending such as dining out, entertainment, and personal indulgences. The remaining 20% is dedicated to savings and debt repayment, fostering long-term financial stability. This system offers a simple yet effective guideline for achieving a balanced financial life, ensuring a significant portion of income is directed towards both necessary expenses and future financial goals. While it provides flexibility for discretionary spending, the 50/30/20 budgeting system encourages individuals to prioritize savings and debt reduction, contributing to overall financial well-being. Need help with finances book an appointment. Click the link below. https://lnkd.in/gddiBZDT #503020Budget #FinancialBalance #SmartBudgeting