ALL BLOG POSTS

credit: magnifymoney You've probably seen this budgeting rule everywhere: spend 50% on needs , 30% on wants , and save 20% . It's simple, it's clean, and financial gurus love it. But here's the question nobody's asking: does this actually work in Canada ? Like, real Canada. Where rent in Toronto or Vancouver can eat 50% of your income by itself. Where groceries cost an arm and a leg. Where "just save 20%" feels like a joke when you're barely making it to the next paycheck.