Building Wealth by Following the 50-30-20 Budget

Several years ago, I devised a budget for myself to avoid spending extravagantly. I called it my 50-30-20 budget. My budget focused on spending beneath, not beyond my means, which helped me build wealth. Many of my friends and co-workers often drew inspiration from the likes of Carrie Bradshaw on TV. I followed a simpler lifestyle and remained committed to saving, whilst enjoying the comforts purchased with my salary prudently.

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