This Expert Doesn't Use the Popular 50/30/20 Budget Rule

Many people use the 50/30/20 budgeting rule where you allot 50 percent of your after-tax income to “needs,� 30 percent to “wants� and 20 percent to savings and  debt repayment , but Sharon Epperson doesn’t follow this traditional rule. A CNBC senior personal finance correspondent and host of “Retire Well,� Epperson

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