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    Saving Money

    Practical ways to keep more of what you earn.

    11 items across the knowledge base.

    In Concepts

    50/30/20 Budget Rule

    The 50/30/20 budget rule divides take-home income into 50% needs, 30% wants and 20% saving or extra debt repayment—a flexible guid…

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    Compound Interest

    Interest earned on both the original principal and on the interest that has already accumulated.…

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    Emergency Fund

    Cash set aside specifically to cover unexpected expenses without borrowing, ideally kept separate from everyday spending.…

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    Pay Yourself First

    The practice of automating savings on the day income arrives — before any discretionary spending.…

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    Save More Tomorrow (Thaler & Benartzi, 2004)

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