50/30/20 method
A budgeting framework popularised by Elizabeth Warren, splitting net monthly income into three blocks: 50 % for unavoidable needs (housing, food, transport), 30 % for wants and leisure, 20 % for savings and debt repayment. A simple rule of thumb, not a rigid formula.
Why It Matters
An excellent entry point for anyone who has never budgeted. Ankora displays it as an indicative benchmark but recommends adjusting for Belgian realities: Brussels rent often pushes "needs" above 50 %, and the 20 % savings slot becomes a floor rather than a ceiling.
Concrete Example
Net income 2 500 € → 1 250 € for needs, 750 € for wants, 500 € for savings. If needs climb to 1 500 €, the 30 % wants block absorbs the gap.