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Replying to Avatar Erik The Decentralist

7 Money Rules you should follow by 25:

• Pay yourself first

• Buy assets, not liabilities

• Avoid high-interest debt

• Invest 20% of your income

• Use 50/30/20 budgeting rule

• Build a 3-month emergency fund

• Put long-term savings into #Bitcoin

What else?

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Moid ( DEAD ACCOUNT. SEE DISCRIPTION FOR NEW NPUB ) 2y ago

What's the 50/30/20 budget rule?

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Erik The Decentralist 2y ago

50% needs

30% debt and savings repayment

20% wants

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