quiz\nquestion 5 of 6\nin the 50 - 30 - 20 rule, 50% of your income should be spent on ____________.\nselect…

quiz\nquestion 5 of 6\nin the 50 - 30 - 20 rule, 50% of your income should be spent on ____________.\nselect a response.\nwants\ndebt\nneeds\nsavings

quiz\nquestion 5 of 6\nin the 50 - 30 - 20 rule, 50% of your income should be spent on ____________.\nselect a response.\nwants\ndebt\nneeds\nsavings

Answer

Brief Explanations:

The 50 - 30 - 20 Rule is a personal - finance guideline. In it, 50% of income is for needs, 30% for wants, and 20% for savings or debt repayment.

Answer:

C. Needs