Eivilė Čipkutė

Eivilė Čipkutė is the president of the Lithuanian Banks Association (LBA), where she emphasizes the importance of financial discipline and effective personal finance management. She advocates for strategies that enable individuals to save money even while repaying loans, suggesting that monthly loan payments should not exceed 40% of a person's income. Čipkutė promotes budgeting formulas like the 50/30/20 rule to help individuals allocate their finances wisely. She believes that with the right approach, saving money alongside loan obligations is not only possible but can lead to greater financial security.