Learn about the 75-15-10 plan, one of the simplest financial strategies you can implement. With this plan, for every dollar you earn, you allocate 75 cents towards spending, 15 cents towards investing, and 10 cents towards saving. It’s a structured approach akin to a funnel, ensuring that a portion of your earnings goes towards immediate needs, investments for the future, and building savings. By following this plan, you establish a clear framework for managing your finances and working towards long-term financial stability.
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