Damien Cash > Quotes

“like the more traditional budgets. Not everyone can, or will, adhere to the 50/20/30 “rule” but it’s a helpful guide for people new to budgeting or those looking for a little structure. The 50/20/30 method is as follows. 1) 50% of your income: absolute expenses.”
― Damien Cash, The Minimalist Budget: Saving Money and Simplifying Your Life with a Minimalist Lifestyle on a Minimalist Budget

“simple that you could get your pet dog to manage it. You’re not”
― Damien Cash, The Minimalist Budget: Saving Money and Simplifying Your Life with a Minimalist Lifestyle on a Minimalist Budget

“2) 20% of your income: financial obligations. Financial obligations should be your second most important priority. This includes things such as paying off debts and loans or even creating a retirement and an emergency savings account. I realize that a credit card debt could be considered an absolute expense but, for the purposes of this method, it’s a category all on its own. That’s because having to pay back a debt isn’t exactly essential to your”
― Damien Cash, The Minimalist Budget: Saving Money and Simplifying Your Life with a Minimalist Lifestyle on a Minimalist Budget

“framework for you to work with. Since you’ve already tracked your expenses, perhaps you’ve found that absolute”
― Damien Cash, The Minimalist Budget: Saving Money and Simplifying Your Life with a Minimalist Lifestyle on a Minimalist Budget