The Rule 50% Needs : Rent, utilities, groceries, insurance 30% Wants : Dining, entertainment, shopping 20% Savings : Investments, emergency fund
Calculate from Statement 1. Total monthly income (all credits) 2. Categorize expenses 3. Check percentages 4. Adjust spending
StatementGPT Analysis AI automatically: Categorizes all transactions Calculates needs vs wants Shows savings rate Recommends adjustments