My Personal Finance Story
A Personal Look at Budgeting With the 50-30-20 Rule: Balancing Income, Expenses, and Savings While Navigating Life in London.
Transcript:
- 50-30-20: My London Life as a 24F
- The Rule for 50-30-20
- My 2024 Income: £43.6K
- Big Cuts: Taxes & Student Loans
- £8.7K Gone to Deductions
- Spending the Remaining £35K
- 15K Was Spent on Needs
- Most Expensive Need is Rent
- 13K Spent on Wants
- Biggest Spending Was Vacation
- 2024: A Year of Travel Bliss
- Tried to Build Better Money Habits as well
- Savings: £7K Stashed Away
- My Spendings in 2024
- 2025 Goal: Save More, Want Less
Data source: Personal finance data from a member of the Vizzu Team
