Write about your approach to budgeting. My approach to budgeting is simple and practical. First, I clearly note down my monthly income, and then I divide it into main categories: needs, wants, and savings/investments.Needs: These are essential expenses like rent, bills, and groceries. They are my top priority.Wants: These are non-essential things like movies, outings, and shopping. I set a limit for these so I don’t overspend.Savings/Investments: I set aside a fixed percentage of my income every month for the future, such as an emergency fund or short-term goals.I follow a simple rule called “50-30-20”: 50% of income for needs, … Continue reading Budgeting 🤑💰