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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?
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?
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?
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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