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--- relationship_key [2025/04/19 03:29] – [Financial Teamwork is a Relationship SAVER] thesaint
+++ relationship_key [2025/04/19 04:19] (current) – [Fun Fact: The Power of Wealth (And What *You* Can Do)] thesaint
@@ Line 54: / Line 54: @@
 ==== Financial Teamwork is a Relationship SAVER ====
-**Quick Take: The 75-15-10**
+A quick look at two popular budgeting frameworks for managing personal finances:
-  * **75%** - everyday expenses
-  * **15%** - long-term investing
-  * **10%** - short-term savings
-**Budgeting Rule:** The 75/15/10 rule is a simple way to budget and allocate your paycheck.
+^ Category           ^ 50/30/20 Rule                         ^ 75/15/10 Rule                          ^
+| **Essentials**     | 50% – Needs                          | 75% – Core Expenses (Living Costs)     |
+|                    | Housing, utilities, food, transport  | Rent, bills, food, essentials          |
+|                    | Minimum debt payments                |                                        |
+|                    |                                      |                                        |
+| **Wants**          | 30% – Lifestyle                      | 15% – Discretionary Spending           |
+|                    | Dining out, hobbies, entertainment   | Non-essential shopping, entertainment  |
+|                    | Vacations, subscriptions             | etc.                                   |
+|                    |                                      |                                        |
+| **Savings & Debt** | 20% – Savings & Extra Debt Repay     | 10% – Savings                          |
+|                    | Emergency fund, investments          | Emergency fund, retirement, etc.       |
+|                    | Extra loan payments                  |                                        |
-This is when you divert **75%** of your income to needs such as **everyday expenses**, **15%** to **long-term investing** and **10%** for **short-term savings**.
+----
+=== Key Differences ===
+  * **75/15/10** is more conservative, prioritizing living expenses heavily – good for high-cost areas or tighter budgets.
+  * **50/30/20** gives more flexibility and balance between needs, wants, and savings – great for general financial discipline.
+----
+**Tip:** Choose a model that fits your lifestyle, income level, and financial goals.
+You can also tweak either rule to build your own custom ratio.
 **It's all about creating a balanced and practical plan for your money.**
@@ Line 70: / Line 87: @@
 ====== Fun Fact: The Power of Wealth (And What *You* Can Do) ======
-**There are approximately 3,028 Billionaires in the world**, controlling a staggering **US$16.1 Trillion** in total net worth.
+**There are approximately 3,028 Billionaires in the world**, controlling **US$16.1 Trillion** in total net worth. \\
-Not impressed? Let's go bigger:
+Not impressed? Let's go bigger:  \\
-**There are over 58 million Millionaires** globally (yes, each billionaire is technically one of them too), together accounting for a colossal **US$213.8 Trillion**.
+**There are over 58 million Millionaires** globally (yes, each billionaire is technically one of them too), together accounting for a colossal **US$213.8 Trillion**.\\
+\\
 ----
@@ Line 91: / Line 108: @@
 But each of us can **do something**.
-Take this example:
+Take this example:  \\
-In **2019**, **my family and I donated trees** to a nature reserve.
+In **2019**, **my family and I donated trees** to a nature reserve.  \\
-Fast forward 7 years, and those trees will be converting **980 tons of fresh oxygen per year**.
+In **2029**, those trees will be converting **980 tons of fresh oxygen per year**.  \\
-That’s real. That’s tangible. That’s change.
+That’s real. That’s making a difference for the benifit of....\\
 ----
@@ Line 100: / Line 117: @@
 **→ Everyone can do something. Start where you are, with what you have.**
 The world needs *you*, not your millions.
+A broad‑leaf Yellowwood that escapes logging, lightning and wind‑throw can easily reach\\
+–800 years, quite possibly over a millennium;\\
+the best growth‑rate data suggest an absolute biological ceiling somewhere around //1 200–1 500 years//\\
+Anything beyond that has not yet been scientifically confirmed.
+^ Seed condition ^ Clean seed mass per tree (kg) ^ Approx. viable seeds / tree / year* ^
+| Normal year     | 2 – 4 kg       | 3 400 – 11 000 |
+| Good “mast” year| up to 10 kg    | 17 000 – 28 000 |
+*//Rounded from://*
+  * Seeds / kg = (1 000 g ÷ 0.36 – 0.60 g) ≈ 1 700 – 2 800 raw seeds
+  * × 80 % average viability → ≈ 1 400 – 2 200 viable seeds / kg
+  * Multiplied by the kilogram range shown above.