Financial Planning & Budgeting - The 65/20/15 rule suggests allocating net income into three categories: 65% for fundamental living expenses, 20% for fun spending, and 15% for future savings and investments [1][2] - Fundamental living expenses, including mortgage/rent, utilities, and groceries, should comprise approximately 65% of net income [1] - Fun spending, such as Glastonbury tickets or Pilates classes, should account for about 20% of take-home pay [2] - Savings, investments, and extra debt payments should make up the remaining 15% of net income, representing investments in the future [2] Adaptive Strategies - For individuals living paycheck to paycheck, the 65/20/15 allocation may need adjustment [3] - Even small savings, such as 2% or 3% of income, can help build a saving habit [3]

Are you worried about being able to pay your monthly bills?As US household debt continues to rise, Bloomberg reporters want to hear how you are managing living expenses: https://t.co/f96AIdwo2z https://t.co/L2J1mGCq6V ...

Are you worried about being able to pay your monthly bills?As US household debt continues to rise, Bloomberg reporters want to hear how you are managing living expenses: https://t.co/f96AIdwo2z https://t.co/aO9VFLHqkW ...

Are you worried about being able to pay your monthly bills?As US household debt continues to rise, Bloomberg reporters want to hear how you are managing living expenses: https://t.co/f96AIdwo2z https://t.co/wVhdpgFEwl ...

Are you worried about being able to pay your monthly bills?As US household debt continues to rise, Bloomberg reporters want to hear how you are managing living expenses: https://t.co/f96AIdwo2z https://t.co/DeFh0RkhuH ...