Creator explains her new budget. from @maggiesellersreum

Name: Creator explains her new budget. from @maggiesellersreum
Uploaded: 2023-09-08T20:55:11.000Z
Duration: 50 s
Channel: maggiesellersreum
Description: The creator argues that the traditional 50/30/20 budget rule is outdated for the current economy. She explains its origins and then introduces her own 'Hot Smart Rich' 50-20-20-10 budget, breaking down the new categories of Needs, Savings, Desires, and a dedicated 10% for Goals, which she argues is crucial for self-investment and building wealth.

The creator argues that the traditional 50/30/20 budget rule is outdated for the current economy. She explains its origins and then introduces her own 'Hot Smart Rich' 50-20-20-10 budget, breaking down the new categories of Needs, Savings, Desires, and a dedicated 10% for Goals, which she argues is crucial for self-investment and building wealth.

Creator: @maggiesellersreum on TikTok

Transcript

The tier, thirty, 20 rule is outdated and needs a refresh. As much as I think millennials would love to, we unfortunately don't live in the same world that our parents did. I'm sure you've seen this, but this is the budget popularized by better Elizabeth Warren. Rank it was reasonable for the everyday person for them to actually meet their financial goals. Always get asked questions on how I started angel investing and I don't have a million dollars in my bank account. But as an accredited inves

Topics: Business, Self-Improvement, Lifestyle

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