Personal Finance Essentials - TrustLeadFinance.top

Budget: a plan for every month

Split your spending into needs, wants and savings.

Start with the simple 50 / 30 / 20 rule: about 50% for bills and essentials, 30% for wants and at least 20% for your future.

Track expenses 2–3 min a day Limit impulse purchases Use standing orders for bills

Emergency fund

Your mini-shield for unexpected expenses.

Aim to build the equivalent of 3–6 months of living costs in a separate, easily accessible savings account. Start with a small goal, like your first $250 or $500.

Separate account “for emergencies only” Automate transfers Don’t use it for treats

Investing step by step

Small, regular amounts beat one-time “all in” moves.

Before investing, make sure you have your emergency fund in place. Then consider simple, low-cost options (like index funds) that spread risk across many companies.

Invest only surplus money Think in years, not days Diversify your portfolio

How to get started today in 10 minutes

Use this page as a quick checklist. You don't need new apps or complex spreadsheets to begin.

1.Write down your net income for the month and list your fixed bills (rent, utilities, subscriptions).

2.Choose a simple rule, like 50 / 30 / 20, and roughly assign amounts to needs, wants and savings.

3.Open or select one savings account that will be your emergency fund only.

4.Set up one automatic transfer per month to that account, even if it is a very small amount.

Do I need a big salary to start? Even with a low income, tracking where your money goes gives you clarity and control. Amounts can be small at first.

What if I already have debt? Keep a tiny emergency buffer, then focus extra money on repaying the most expensive debt (usually the one with the highest interest rate).