Using percentage-based buckets for your money is the simplest ways to stay in control and build strong habits. Don't save or spend by vibes or feel! Allocate a fixed percentage of every income source into clear categories: rent, savings, investments, or whatever matters most to you.
As your earnings grow, your contributions grow. For example: a 10% savings rule means more actual dollars saved without you having to change a thing.
Windfalls, bonuses, or side gig payouts fit seamlessly into your system. Each dollar gets divided by the same rules, so you avoid impulse spending and stick to your plan.
If you spend less than usual, you can easily run the extra cash through your buckets too!
Percentages make it simple to compare yourself with others or with recommended guidelines. Saving 20% is a universal benchmark whether you earn $40k or $400k.
By focusing on percentages, you align your spending and saving with your real financial life. Tools like Wealthsplitter make this effortless by automatically calculating contributions and tracking progress.