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Questions and Answers
According to the 50-30-20 rule, what percentage of your income should be allocated for needs?
According to the 50-30-20 rule, what percentage of your income should be allocated for needs?
- 50% (correct)
- 30%
- 20%
- 10%
According to the 50-30-20 rule, what percentage of your income should be allocated for wants?
According to the 50-30-20 rule, what percentage of your income should be allocated for wants?
- 50%
- 10%
- 30% (correct)
- 20%
According to the 50-30-20 rule, what percentage of your income should be allocated for savings and debt repayment?
According to the 50-30-20 rule, what percentage of your income should be allocated for savings and debt repayment?
- 10%
- 20% (correct)
- 50%
- 30%
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