Downs and Associates
  • Home
  • Services
  • Industries
  • Team
  • About
  • Your Finances
  • Contact
  • Home
  • Services
  • Industries
  • Team
  • About
  • Your Finances
  • Contact

Your Finances

Budget Tips

4/7/2022

 
Picture
Having a healthy budget is just as important as maintaining a healthy body. To get your finances in order, try the 50/30/20 rule. Divide your budget into 50%, 30% and 20%.

  • 50% of financially healthy essentials such as bills, essentials such as rent or mortgage, food, car insurance, fuel, internet, cell phone, etc.
  • 30% of financially healthy wants such as clothing, entertainment or travel.
  • 20% of financially healthy savings
The 50/30/20 method could help you maintain a healthy budget balance. You can do this!
To read more about the 50/30/20 rule, click here for the Intuit Blog.

    Author

    Downs and Associates CPAs, LLC

    Archives

    April 2022
    March 2021
    January 2021
    April 2020
    December 2018
    July 2018
    June 2018

    Categories

    All
    50/30/20 Rule
    Accountant
    Alabama
    Audit
    Bankruptcy
    Budget
    Business
    Business Purchases
    Cash Flow
    College Education
    Coronavirus
    COVID 19
    COVID-19
    Cpa
    Deductions
    Disaster
    Downs & Associates
    Email
    Essentials
    Estate Planning
    File Taxes
    Finances
    Healthy Budget
    Identity Protection
    IRS
    Jasper
    Needs
    Online Shopping
    Payroll
    Phishing
    Planning
    Protect Yourself
    Retirement
    Saving
    Scam
    Scams
    Shop Safely
    Small Business
    Taxes
    Tax Liability
    Tax Professionals
    Tax Returns
    Tax Season
    Wants

    RSS Feed

HOME
SERVICES
INDUSTRIES
TEAM
ABOUT
YOUR FINANCES
CONTACT

HOURS:
Monday thru Friday -  8am until 5pm
Saturday  -  Closed
​Sunday  -  Closed

ADDRESS:
1603 First Avenue East
Jasper, AL 35501

PHONE:
(205) 221-5454
© COPYRIGHT 2023 DOWNS AND ASSOCIATES. ALL RIGHTS RESERVED.

Website Design and Hosting by Brown Design Company, LLC