How to deal with complex financial matters?

[Good-Person]

Dealing with financial matters may not be that easy at all. This is because finances could be really hard to manage. Having said that, this is why many people hire many financial advisers and experts. Regardless of that, how would you manage your financial matters?

 

[Kane]

I have a simple strategy for managing my finances. I make a budget and follow the 50:30:20 rule of personal finance. According to this rule, I limit my expenses to 50 percent of my income. I set aside 30 percent for fun, entertainment, travel, or buying luxury items, and use the remaining 20 percent for saving and investment. Budgeting can help you deal with complex financial matters like paying off debt or buying property