# Budgeting

A budget plans how income is split between needs, wants, savings and debt repayment. On a monthly income of 4,000, the 50/30/20 rule suggests 2,000 for needs, 1,200 for wants and 800 for savings. Tracking expenses, net worth and debt-to-income ratio shows how well the plan works, and shared bills can be split fairly between people.

## Tools

No tools are available here yet.

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