What's the easiest yet effective personal budgeting approach?

It's the 50/30/20

It's fairly simple: you take your take-home pay and divide it into 4 categories: needs, wants and savings and investments

✅ 50% goes to needs like housing, transportation, insurance, food
✅ 30% goes to wants, which you can spend on whatever you want
✅ 20% goes to savings & investments and can be split as 10% + 10%

If you'd like to start managing your finances in a simple and effective way, you can get my Personal Monthly Budget Calculator which is based on the 50/30/20 principle