It is not a wrong idea to keep 50% of our income for our family expenses and the remaining 50% for investments. But currently the bad economic situation is affecting the people of different countries around the world. As a result of which the standard of living of the people has increased along with the demand and increase in their family consumption. Nowadays people have to spend most of what they earn due to high inflation.
Managing investments with 50% of salary will be the most difficult task and can be risky. Whether your income is low or high, your expenses will be determined based on your income. The demand of a person earning $200 a month and the demand of a person earning $2000 will not be the same. As your income increases, so will your expenses. You may think that if a person earning $200 can meet demand with $150 then I will earn $2000 and meet demand with $150 then you are wrong. If your income is $2000, your demand will also increase to $1500. So I think investing with 50% of income is one of the most difficult decisions for both low income and high income individuals. Many times such a decision may force you to sell your investment at a loss.
I can't full agree with you on this, because if a person has a monthly income of $2000 then investing 50% may not be that difficult for them, if they are conscious of their spending and stop all waste, they can easily invest 50%. can
Similarly, if a person's monthly income is $500, then he can invest 50 percent. (In today's age every family has wasteful expenses, they spend money on things they don't need) If a family can completely stop those wasteful expenses and be aware of their monthly income and expenses, a person earning $500 a month can easily spend 50% of their income. That is, $250 can support his family. And the remaining 50% can be used for investment.
A $2000 earner and a $300 earner don't have the same monthly expenses, but they both have wasted spending, and in that wasted spending they lose a lot of money that could have kept their family going for another week. In today's era, the minimum income of an employee is $300, and 50% of his income is $150. In our country, a family can easily survive for a month with $150. However, he must be sustainable to invest 50%, through proper budgeting and conscious spending.
I believe a person earning $300 can easily save 50% of his income i.e. $150 with a little effort, and if he starts investing regularly in DCA at that rate then in next 8 to 10 years i.e. next 2 to 3 cycle of Bitcoin After he will definitely be able to go to a much bigger stage.
I really comprehend the point you are trying to prove, I want you to understand that its not about investing 50% of your weekly or monthly income that matters, the thing is can you maintain the 50% continuously, as a smart investor that has a long-term mindset you should be wise enough to take sustainable decisions in other not to be stressed or pressured along the line, I want you to understand that no matter how disciplined you are in financial aspect, sudden expenses are inevitable.
It will be better for an investor to use either 30% or at most 35% of his monthly or weekly income to invest to avoid unnecessary pressure because I believe that apart from your investment there are other things you must attend to, there are somethings that discipline can not solve, what you need is to be calculative in other not make mistakes, as an investor you don't need to make things difficult for yourself, the DCA method have made it so easy for us and for that I don't think that it is necessary for us to create unnecessary burden for ourself when we can actually apply a good investment strategy that's capable of helping us to achieve our investment goals gradually overtime.
Most times our problem as investors is lack of plan, you don't just invest 50% of your income just because you want to be fast in accumulating your Bitcoin without considering the unexpected financial problems that may like come, your way once you start the accumulation process, lets not forget that the higher you earn the higyer your expenses, so for me I think using 30% or 35% of your earnings monthly or weekly for your bitcoin investment is better to enable you Carter for other essential needs.