5 Budgeting Tips For Gen Z So That They Don't Go Broke

Have you recently started earning or a youngster who wants to learn budgeting. Here are some tips for you.

Using technology

Use technology to track down your expenses and to create budget for different things. Use different applications to create budget.

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Every penny counts

You need to value every amount of money whether it is big or small. Tracking down small expenses is the key to savings.

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50/30/20 rule

This rule can be helpful for you. 50 percent of money to needs, 30 percent to wants, 20 percent to savings or debt.

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Early investments

Even after a tight budget, instead of spending money, if you would invest even small amount, it could compound to something big.

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FINANCIAL LITERACY

It is very important to have knowledge of basic finance and investment techniques. You can go to bank, they will guide for best investment

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