The conversation between human and AI assistant.
How should I budget my paycheck of $1100 every two weeks?
How do I know how much I should allocate to each category?
It depends on your own situation and lifestyle. Some people prefer to use the 50/30/20 rule, where 50% of their income goes towards necessities, 30% towards wants, and 20% towards savings and debt repayment. Others use a more personalized approach.