Budgeting Never Tasted So Good: The 50/30/20 Rule, Pie-Style!

Ever wish budgeting felt a little less… well, boring? What if we told you your budget could look like a plate of delicious pie slices? Yep—at Jordan Credit Union, we’re serving up financial wisdom with a side of flavor. And no, we’re not talking about literal pie (although now we’re hungry).

We’re talking about the 50/30/20 rule, and trust us—this is one tasty approach to taking control of your money.

Slice #1: Pot Pie – 50% for Your Needs

This is the warm, comforting slice of life—the must-haves. Needs make up 50% of your budget. Without this slice, things get messy real fast. That includes things like:

• Rent or mortgage 🏡
• Groceries 🍎
• Utilities and transportation 🚗
• Insurance and healthcare 🩺
  
  

Slice #2: Cream Pie – 30% for Your Wants

Now here’s where the fun begins. This sweet treat of a slice covers your wants—the things that bring a little extra joy to life. This is your cream pie: rich, delightful, and best enjoyed in moderation. Your wants get 30% of your budget and can include:

• Dining out 🍕
• Streaming subscriptions 📺
• Vacations ✈️
• Hobbies and shopping 🛍️
  
  

Slice #3: Pizza Pie – 20% for Savings & Debt

Finally, we’ve got the pizza pie—the slice that fuels your financial future. Just like pizza, this slice is super satisfying—and it helps you sleep better at night knowing you’re making smart moves with your money. This 20% goes toward:

• Emergency fund savings 💰
• Retirement accounts 👵
• Extra loan payments 💳
• Investments 📈
  
  

The Takeaway

When budgeting feels overwhelming, just remember: pie makes everything better. 🍰

By splitting your finances into three tasty slices—50% for needs, 30% for wants, and 20% for savings/debt—you’ll keep your budget balanced and your life flavorful.

And hey, if you ever need help slicing up your financial pie, Jordan Credit Union is here to help.