Navigating personal finances can be complex, especially with varying income and life circumstances. For women, balancing present needs with future goals requires a strategic approach. To demystify budgeting and offer practical guidance, Anjellah Owino spoke with Prof Nganga Gachara, founder and managing partner of Strategic Fluent Analytica Limited. He shares insights on how women can effectively manage their income and achieve financial empowerment.
Can you explain the 50/30/20 rule for budgeting in simple terms?