4 Bucket Money Management Method | Book Summary | I will teach you to be rich in Hindi| Ramit Sethi

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Automated money system must be based on a conscious spending plan which contains four buckets:
Fixed costs
Investments
Savings
Guilt-free spending
Here’s an excellent suggestion on what percentage of your take-home pay that these should represent:

Fixed costs: 50-60%
Investments: 10%
Savings: 5-10%
Guilt-free spending: 20-35%