jasmine just received her paycheck. to manage her money, she categorizes spending by needs, wants, and…

jasmine just received her paycheck. to manage her money, she categorizes spending by needs, wants, and savings and debt. what money management strategy is jasmine following? the envelope method 50 - 30 - 20 rule managing money pay yourself first

jasmine just received her paycheck. to manage her money, she categorizes spending by needs, wants, and savings and debt. what money management strategy is jasmine following? the envelope method 50 - 30 - 20 rule managing money pay yourself first

Answer

Brief Explanations:

The 50 - 30 - 20 rule categorizes spending into needs (50%), wants (30%), and savings/debt (20%). Jasmine categorizing spending by needs, wants, and savings and debt aligns with this rule. The envelope method involves using physical envelopes for different spending categories. "Managing money" is too general. "Pay yourself first" focuses on saving first.

Answer:

B. 50-30-20 rule