I started tracking my own spending recently, and my impulse buys were eating into money I should've been investing. Once I cut them, I was back in control. If you earn 10,000 cedis a month the 50/30/20 Budget rule is the simplest budget you'll ever use: 🏠 50% (GH₵5,000):... Needs. Utilities, feeding, loan repayments. 🛍️ 30% (GH₵3,000): Wants. Shopping, travel, the fun stuff. 💰 20% (GH₵2,000): Savings & investments. Stocks, T-bills, your future. #Budget #Investing #Finance #Donsarkcessshow more

I beg to differ. It is 20 / 30 / 50. Not the other way around.

You want to save 50% of your salary and 20% on your rent and needs? Good luck

It’s the same as that: the arrangements. You save before you do the deduction: 20 - savings / 30 - wants / 50 - needs. Savings come first. Now, does one do the calculation.

Enjoy

You vex!!! 🤣 cmon blood. Let’s do the calculation though.

I don’t have that time And I no vex You just circled back to what I said.. just watching you lol

I didn’t circle. I put it in the right format. You are a marketer. When you sell to someone in an order. They follow that order. It has always been 20/30/50 not 50/30/20. So now how do you make that calculation?

👍🏿

You’re literally telling us you earn 10,000 cedis a month….Ohhhk 😊

Nope

Sometimes you guys for try talk truth . Content purposes and educational purposes be two different things. Sometimes you for put label on it .

You yourself you don’t earn 10k monthly steadily and you want to give us financial advice…

Are you sure about that?

Aside your social media payout which is not a steadily income tell us which work u do that earns u 10k in a month…the country make hot already and u want to give us pressure of saving a money that the average Ghanaians don’t earn…

Who are you again and who my do you think you deserve that explanation?

You see say i press ur neck d33 u r saying who am I to deserve an explanation but you think you deserve to give people financial advice..

Yes I do that’s why I posted it and you engaging it. I doubt if you posted yours I’ll care

Why would u care wat i post,,you are a digital marketer and anything u post is an paid ad,,therefore if ur post something that is misinforming we have the right press u

With this one who am I advertising?

But then how do you even calculate the 20 / 30 / 50. It looks clean. But then how do you make the apportionment.

Why are you using 10K as an example, 🤣, use 2K make I see say you go fit do 50 20 30 in Ghana Economy

Abeg do same for the 1k, 2k to 5k squad make we see something

Okay

What about if you earn 2000

@korti_kesie1 That’s solid 🔥🔥🔥🔥🙏🏿

Obiara who dey earn 10k monthly, well done ooo🤣 Some of us the 50% needs alone no dey fit sef. But the rule itself is solid, even if you adjust the numbers😂

You guys always starts with unreasonable salary range. Gh2500 salary worker cannot do this ooo.

So for the sake of those who earns lower than that amount like 2k-5k What make them do Asking for a friend 🌚

Solid That’s the best so far

I Dey earn 1,500 how I fit do 50,30,20 😭😭😂😂

If I earn 2k onko?

If you earn 400 cedis to err

Akoa wei b3y3 p3p33 paaa

Can you do same for those earning 1/2 that amount mentioned above 👆🏾

Okay bro

@Serwaa_Amihere .

Where’s your neck?

and if you earn1,000?

Interesting