What you'll learn
Create a one-month budget draft using made-up or rounded numbers, without sharing bank details.
Key words
- Take-home pay
- What lands in your account after taxes and deductions.
- Fixed expense
- A bill that's about the same every month, like rent.
- 50/30/20 rule
- A simple guide: 50% needs, 30% wants, 20% savings or debt.