question 2 of 11 jasmine just received her paycheck. to manage her money, she categorizes spending by needs…

question 2 of 11 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? select a response. the envelope method 50 - 30 - 20 rule managing money pay yourself first

question 2 of 11 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? select a response. 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 and debt (20%). Jasmine is following this rule by categorizing her spending in a similar way. 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