Advanced Income Allocation for Financial Independence Planning.

There are a few weird things that I cannot stand.

The 50-30-20 rule for savings & spending is one.

But these days, I have weaker views regarding a lot of things, except when I feel that misunderstanding some things has a big material impact on your financial life.

Oh, wait… I think if you manage to frame how you look at income allocation can make a significant difference in your motivation and your distance from your financial goals.

In this video, I shared my perspective to a reader’s question:

Does anyone have a good saving and investment percentage guide to share?

I am in my early 40s, and had YOLO since I graduated and while I know everyone’s situation is different, some guidelines would be helpful.

I called this video Advanced Income Allocation because good optimisation is not just about spending but also how we should think about saving:

Here are two different framing you can look at your income and spending:

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Kyith

Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.

Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.

Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Insurance Start-up Havend. All opinions on Investment Moats are his own and does not represent the views of Providend.

You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.

His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.

You can read more about Kyith here.

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