I read this on LinkedIn and am passing it on.
Overall, I think this a great framework. My only input is that I would allocate debt repayment (e.g. student loans) to the 50% needs allocation.
Of course, YMMV.
Credit: Tiras Wealth Managment
Disclosure: I was not compensated by Tiras Wealth Management for writing this post.
This is not financial advice. Please consult a professional advisor.
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