question 5 of 5\nin the 50 - 30 - 20 rule, 50% of your income should be spent on \n\nselect a response…

question 5 of 5\nin the 50 - 30 - 20 rule, 50% of your income should be spent on \n\nselect a response. submit your response.\nwants\ndebt\nneeds\nsavings

question 5 of 5\nin the 50 - 30 - 20 rule, 50% of your income should be spent on \n\nselect a response. submit your response.\nwants\ndebt\nneeds\nsavings

Answer

Brief Explanations:

The 50 - 30 - 20 Rule is a popular budgeting guideline. In it, 50% of income is allocated to needs, which are essential expenses like housing, food, and utilities.

Answer:

C. Needs