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Financial Literacy Practice Review Flashcards | StudBud
Financial Literacy Practice Review
1 / 11
Your monthly take home salary is $4,000/month. Using the 50, 30, 20 rule, how will you allocate (divide) your paycheck?
A
$4,000 to needs, $0 left for wants or savings
B
$2,000 to needs, $1,200 to wants, $800 to savings
C
$1,200 to needs, $800 to wants, $2,000 to savings
D
$3,000 to needs, $500 to wants, $500 to savings
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correct · 0:00
