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In the 50/30/20 method of budgeting, what should 50% of your income be used for?

A. wants
B. needs
C. retirement
D. savings



Answer :

GinnyAnswer

Final answer:

In the 50/30/20 budgeting method, 50% of income should be allocated to needs.


Explanation:

In the 50/30/20 method of budgeting, 50% of your income should be used for needs. This includes essential expenses like housing, utilities, groceries, and transportation.


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