Top Tweets for #okayexplains
Does the 50/30/20 rule fit everyone? Not always. ๐งฉ
It splits after-tax income into needs, wants and your future. It's a starting point, not a rule: costs vary, so your split can too.
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#okayexplains #budgeting #503020rule #moneytips #personalfinance #okaymoney
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The same math that grows your savings can also grow your debt. ๐
Compound interest is interest on interest, and how often it compounds matters. Here's how it works on both sides.
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#okayexplains #compoundinterest #moneytips #financialliteracy #personalfinance #okaymoney
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Ever paid for something and seen more money held on your card than you spent? That's an authorization hold, and it's temporary. Here's how it works in under a minute. โฑ๏ธ
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#okayexplains #moneytips #creditcard #financialliteracy #personalfinance #okaymoney
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