It is—indeed, such a nightmare when it comes to living paycheck-by-paycheck without allocating it in the right way. 

As an example from an opinion survey conducted by muniyo.com, out of 177 people, it turns out that 57% still prioritize groceries and installments as the most frequently used segment of financial allocation compared to others. 

So how should one allocate their money? What does that strong yet sustainable balance look like? And how to implement it? 

All they have to do is follow the 50-30-20 Rule and set up automated processes to credit the different amounts of money into different accounts:

* 50% of gross pay for essentials like bills and regular expenses (groceries, rent, or mortgage)
* 30% for spending on dining/ordering out and entertainment
* 20% for personal saving and investment goals

If possible, people should challenge themselves by allocating as much as they can towards their Savings and Wealth Accounts, instead of their expenses ones. Because Expenses Account should be comfortable but also a tad challenging to push people constantly to make smarter spending choices.

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