Beginner LevelbudgetingSingle Choice

What is the 50/30/20 budget rule that teens should follow?

Answer Options:

A

50% savings, 30% needs, 20% wants

B

50% family, 30% friends, 20% personal

C

50% needs, 30% wants, 20% savings

D

50% wants, 30% needs, 20% savings

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Question Statistics

5
Times Attempted
100%
Success Rate
#58
Question ID

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This question is part of our comprehensive financial literacy quizzes designed for Indian teens.