Mastering Budgeting
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Mastering Budgeting

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@KnowledgeableEternity

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Questions and Answers

According to the budgeting guidelines provided, what is the recommended percentage of your income to allocate towards housing expenses?

  • 10-20% (correct)
  • 70-80%
  • 30-40%
  • 50-60%
  • What is the suggested percentage of your income to spend on transportation costs according to the budgeting guidelines?

  • 15-20% (correct)
  • 5-10%
  • 35-40%
  • 25-30%
  • How much of your income should be allocated towards savings and debt repayment, as per the budgeting guidelines?

  • 35-40%
  • 25-30% (correct)
  • 15-20%
  • 5-10%
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