In this episode Kolin talks about some things to think about for those in their 20s when it comes to financial planning. This includes: Cash flow managementInsurance planningDebt payoff managementInvestingInvesting in yourselfDisclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial sit...
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In this episode Kolin talks about some things to think about for those in their 20s when it comes to financial planning. This includes: Cash flow managementInsurance planningDebt payoff managementInvestingInvesting in yourselfDisclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial sit...
6: The 50/30/20 Rule Explained | How To Manage Your Monthly Cash Flow
Financial Footprints
9 minutes
9 months ago
6: The 50/30/20 Rule Explained | How To Manage Your Monthly Cash Flow
In this episode Kolin talks about the popular 50/30/20 rule when it comes to managing your monthly cash flow. Kolin shares the different categories and how to determine what falls into the 50% vs 30% vs 20% category for your monthly expenses. Kolin shares an example of how you can quickly start to manage your monthly cash flow by using the 50/30/20 rule. It is important to note that this is just a rule of thumb & is not an end all be all rule. It will change as your financial goals, incom...
Financial Footprints
In this episode Kolin talks about some things to think about for those in their 20s when it comes to financial planning. This includes: Cash flow managementInsurance planningDebt payoff managementInvestingInvesting in yourselfDisclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial sit...
