![](https://biggerpockets.s3.amazonaws.com/assets/member-blog-image.jpg)
![](https://biggerpockets.s3.amazonaws.com/assets/logo@3x.png)
40-40-20 Rule for Finances
Make your money work for you with Grant Cordone's 40-40-20 rule for finances.
This rules breaks down where each paycheck should go toward: 40% goes to savings and assets, 40% to taxes and 20% is for spending on day-to-day life. This formula may be difficult to follow but can lead to great wealth over time.
If it's too difficult, try leaving 30% to assets and savings and 30% for regular spending.
Comments