Fixed expenses (rent, insurance) remain constant monthly, while variable expenses (groceries, utilities) fluctuate. The 50/30/20 rule allocates 50% for needs, 30% for wants and 20% for savings and ...

The U.S. federal budget shortfall stood at $1.81T in fiscal-year 2025, the nonpartisan Congressional Budget Office estimated in its monthly budget review released on Monday, narrowing 4% from the ...