Opher Ganel
Jun 30, 2024

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Once you earn enough to cover your needs and have enough left over for saving, investing, and some wants, you don't have to budget in the usual sense.

You can use as simple a template as (Ramit Sethi's) 5-10% savings for near-term discretionary expenses (think vacations, etc.); 15-30% investing for the long term; 50% for needs; and 10-30% for things that let you enjoy life.

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Opher Ganel
Opher Ganel

Written by Opher Ganel

Consultant | systems engineer | physicist | writer | avid reader | amateur photographer. I write about personal finance from an often contrarian point of view.

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