University students are being urged to try a TikTok budgeting tip to help keep their bank accounts healthy.
Scores of people have been sharing the ‘50-25-25’ money saving rule on the social media platform to help budget more effectively. Now, Simon Thompson, at Accommodation for Students, has explained the method.
He said: "With 85,000 likes and counting, the 50-25-25 rule is a popular saving trick making waves on TikTok. With the social platform hugely popular among the Gen Z generation, it’s no wonder that the hack is working particularly well for students who are new to the premise of paying bills, rent, and the everyday financial responsibilities that come with living alone.
