We all know we should be saving money each month. The classic rule is 20 percent of your take-home pay. That is the benchmark for a 50/30/20 budget – which is 50 percent to needs, 30 percent to wants and 20 percent to savings.


We all know we should be saving money each month. The classic rule is 20 percent of your take-home pay. That is the benchmark for a 50/30/20 budget – which is 50 percent to needs, 30 percent to wants and 20 percent to savings.