The 50/30/20 budget rule is a simple and effective plan for personal money management and wealth creation. It balances paying for necessities with saving and investing.

To succeed with your financial goals, you must closely track how you use your money. A personal budget provides a detailed picture of your income, expenses and leftover cash so you can make smart ...

If you struggle with money — or you have a specific goal to save money going into the new year — following a budget can help ...