Here’s how to budget your money using the 50/30/20 rule

The budgeting rule you grew up with, just like the 50/30/20 budget, was meant to help people live balanced financial lives. How will this affect my Social Security benefits going forward? (The earnings test applies to people receiving Social Security before their full retirement age, currently ages 66 to 67. Business Why delaying Social Security might be the ultimate gift for your spouse The higher earner’s benefit determines what the survivor gets. By delaying Social Security, the higher earner boosts how much the remaining spouse will have to make ends meet.