Society & Culture
Take control of your finances with the simple yet powerful 50-30-20 budgeting rule—50% for needs, 30% for wants, 20% for savings and debt repayment. In this episode from NewHorizon.org, we break down how the 50 20 30 budget rule works, share real-life tips, common mistakes to avoid, and how to customize the rule for your lifestyle. Whether you're budgeting for the first time or need a financial reset, this episode is your practical guide to smarter money management.