TikTok budgeting expert @budgetwithmilly promotes the "70/20/10" budgeting method, using a cash binder to track expenses.
Milly, a TikTok budgeting expert known as @budgetwithmilly, promotes the "70/20/10" budgeting method, allocating 70% of her £2,000 monthly income to necessities, 20% for personal spending, and 10% for savings. She uses a cash binder to track expenses, which she finds enhances financial responsibility. While her approach has inspired many, some critics highlight potential inaccuracies and question the feasibility of her rent costs in expensive cities like London.
October 06, 2024
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